Mon, Oct 21, 2024 8:53 PM
CD&R make Rs 2983 cr open offer for 26% stake in Sanofi Consumer Healthcare
A Flip by Avya Verma
Indian Railways Finance Corporation's (IRFC) latest shareholding pattern shows small retail investors increasing their stake to 9.62% from 9.35% in June, doubling from 26 lakh to 54.5 lakh in a year. The government remains the largest shareholder with 86.36% stake, while mutual funds and FPIs reduced their exposure.
Open Flip
The low market share of the BSE in monthly options contracts may limit its potential for gains once the Securities and Exchange Board of India’s (SEBI) new index derivatives trading norms come into effect, according to experts. Brokerage firm Jefferies pointed out that the BSE holds a 10% market share in monthly contracts, which remain unaffected by SEBI’s new futures and options framework.
Open Flip
📈 Amid mixed global cues, benchmark indices started on a flat note today. 📊 At 9:16 AM, the Sensex gained 38.58 points or 0.05% at 81,189.85 and the Nifty was up 18.05 points or 0.07% at 24,799.15. 📢City Union Bank (⬆️7.58), Indiamart Intermesh (⬆️2.05%) and Vodafone Idea (⬆️1.18%) appeared as the top performers on the Nifty50 at open.
Open Flip
