A significant block deal took place on August 20 involving Zomato’s shares, where approximately ₹5,438.50 crore worth of shares were sold. The likely seller in this transaction was Antfin Singapore Holding, a subsidiary of the Alibaba Group. The deal involved 21 crore shares, representing a 2.4 percent stake in Zomato. […]
Indian stock market
The Indian stock market saw significant gains today. The Sensex rose by 750 points, reaching around 79,500, while the Nifty climbed to 24,300. The positive movement was influenced by strong performances in various sectors, including IT and banking, as well as mixed global cues. Investors are closely watching quarterly earnings […]
The Indian stock market rose today, with the Nifty 50 index closing at a new high of 24,635. The Sensex also gained 290 points. This is positive news for the Indian economy, as it suggests that investors are confident in the country’s future prospects. There are a number of factors […]