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BoM's OFS draws bids 400% of base issue size
Bank of Maharashtra's offer for sale saw robust investor demand on its opening day, with bids exceeding 400% of the base issue size. The government will now exercise its green-shoe option, expanding the total stake on offer to 6% after the strong response from non-retail investors.
Insurance firms cut stakes in these 10 Largecap stocks during September quarter
Insurance firms cut their holdings in several NSE largecap stocks from June to September 25, signalling cautious sentiment or portfolio rebalancing. Key companies with reduced insurance shareholding include BPCL, Eicher Motors, TVS Motor, Vedanta, Apollo Hospitals, Grasim, M&M, L&T, Bank of Baroda, and Info Edge.
Wockhardt shares jump over 4%, extend two-day rally following FDA nod for Zaynich
Wockhardt Ltd shares jumped over 4% to 1,533, extending a two-day rally after surging nearly 20% on Tuesday. The rise follows the US FDAs acceptance of its New Drug Application for Zaynich, a first-in-class antibiotic, marking the first NDA approval for a New Chemical Entity by an Indian pharma company.
China stocks attract fund managers amid economic uncertainty
Global fund managers are steadily returning to China as strong market gains, attractive valuations and rising inflows bolster confidence despite ongoing economic uncertainty.
RIL Share Price Live Updates: RIL's monthly return reflects market dynamics
Hindalco Share Price Live Updates: Hindalco's recent returns highlight a decline
