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HDFC MF, ADIA among buyers as Sepia Investments offloads Rs 749 crore in Corona Remedies via block deal
Sepia Investments and Anchor Partners sold shares worth about Rs 777 crore in Corona Remedies through block deals. HDFC Mutual Fund emerged as the largest buyer, while several institutional investors, including Aberdeen entities, ADIA, Invesco and WhiteOak, also accumulated stakes.
Coforge Can Reach $5 Billion Revenue by FY30 With Just One Acquisition, Says CEO Sudhir Singh
According to Singh, maintaining existing growth momentum and completing one acquisition worth roughly $500 million would be sufficient to achieve the FY30 target.
Volume Shocker: MFs add 1 crore+ shares of 6 stocks in May, stocks gain up to 25%
Among the 42 stocks, Yes Bank and Central Bank of India saw the largest mutual fund buying.
Not Every Mutual Fund Should Be Held Forever. Here Are 5 Reasons To Consider Cashing Out
If one feels that their current fund's performance does not align with their risk appetite, investors may choose to re-allocate their investments.
Markets poised for a cautious start as GIFT Nifty ticks higher
Indian markets continued their upward trend on Tuesday. The Nifty closed at 23,989. Analysts anticipate this positive momentum to persist. Improved geopolitical situations, increased foreign investor interest, and falling crude oil prices are driving the market. A potential US-Iran peace agreement is boosting global sentiment. The India VIX, a fear index, saw a decline.
Stocks in news: Prime Focus, Groww, GIC RE, Wipro, Nykaa
Indian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark and closing near its day's high. Several companies, including Prime Focus, GIC RE, Wipro, Groww, and Nykaa, were in focus due to significant news developments. These ranged from regulatory approvals and successful acquisitions to strategic AI collaborations and expansion into international markets.
KIMS launches ₹1,500 crore QIP to repay debt and fund subsidiaries
KIMS has launched a ₹1,500 crore qualified institutions placement (QIP) through a 100% primary share issuance, with the indicative price set at ₹755 per share at up to a 3% discount to the last closing price. The hospital chain plans to use the proceeds to repay debt and fund investments in its subsidiaries, with the issue expected to be priced later this week and listed on the NSE and BSE thereafter.
Nifty outlook for June 17: Bulls retain control amidst resistance at 24,000
The Nifty struggled to cross the immediate resistance zone of 24,000-24,100 for most of the day. However, analysts say that a sustained move above the 24,000-24,100 zone could pave the way for a rally towards 24,500 in the near term.
Indian Stock Market Today | Closing Bell: Sensex Jumps Over 500 Points, Nifty Nears 24,000 in Strong Closing Session; Here’s What Investors Should Know - The Sunday Guardian
Indian Stock Market Today | Closing Bell: Sensex Jumps Over 500 Points, Nifty Nears 24,000 in Strong Closing Session; Here’s What Investors Should KnowThe Sunday Guardian
India's IPO fundraising slows in 2026 despite robust pipeline: Equirus Capital
Despite a slowdown in IPO activity this year, India’s primary market remains well-stocked with 236 draft issues, while listings from Turtlemint, Zepto and SBI Mutual Fund are expected in the coming months.
Eternal, Sobha among 11 stocks FIIs cut stake for 8 quarters in a row
Shareholding data shows that FIIs reduced equity holdings in 11 stocks from Nifty 500 in every single quarter after March 2024. List includes PNB Housing Finance, Eternal and Cyient among others.
Nifty closing above 23,800 positive but exhaustion visible at 24,000
The benchmark index gained 231 points to close at 23,853. After opening with a gap-up of 362 points on strong global cues, Nifty hit its intraday high within minutes of the opening bell. However, the momentum faded through the day as profit-booking emerged at higher levels, dragging the index nearly 200 points lower from its peak before it settled with healthy gains.