While Nifty ended with week-on-week gains of 1.5%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 14,602 crore on screen which included both buying and selling action. In the large cap segment, 15 companies witnessed significant block deals on the … Read more
Multibaggers Kfin Technologies and Computer Age Management Services (CAMS) are in a sweet spot, notwithstanding the stellar rally in the stocks in the last one year. The duopolistic nature of their business as Registrar and Transfer Agencies (RTAs) along with the booming domestic mutual fund growth story, discounts the current rich valuations and a potential … Read more
As FIIs lead sectoral churning in the market ahead of the beginning of the rate-cut cycle in India, private bank stocks have once again begun to outperform their high-flying PSU peers. In the last one month, the private bank index has risen 8% while PSU banks have lost 4.3% of their value. HDFC Bank and … Read more
Indian stock markets, including equity, derivatives, and SLB segments, remain open today for trading on Eid-e-Milad-un-Nabi. It is however a settlement holiday and as such no settlements happen today, said Nithin Kamath, founder of online brokerage platform Zerodha in his post on the social media platform X. “Today is a settlement holiday, and thus, settlements … Read more
Mumbai: Indian stock markets hit a milestone on Wednesday, executing block deals worth nearly ₹23,000 crore, the highest in a single day, largely on account of Vodafone Group’s sale of a stake in Indus Towers. In all, five major block deals were transacted, reflecting growing confidence among promoters, private equity funds and large institutional investors. … Read more
