Mumbai: Vedanta Resources, the holding company of billionaire Anil Agarwal, sold a 2.63% stake in India-listed firm Vedanta on Wednesday through block deals. According to the BSE bulk deal data, Finsider International Company, an entity belonging to the promoter group, sold 97.95 million shares to raise ₹4,184 crore through the transactions. Vedanta Group, in a … Read more
Robust flows have allowed domestic institutional investors to own 16.05% of NSE market capitalisation at the end of the March quarter, reflecting market share gains of a fifth of one percentage point. Synopsis Registration of gross SIP accounts, the preferred route for small investors to invest in equities, rose to a record of 6.36 million … Read more
MUMBAI: A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors. The strategy, known as calendar spread, where traders simultaneously sell options contracts in the current month and purchase in the next month, is being recommended by brokers to institutional clients, who see sharp moves in Nifty options’ implied … Read more
