Foreign Institutional Investors have net sold Rs 6,669.10 crore worth of Indian shares while Domestic Institutional Investors bought Rs 5,928.81 crore shares as markets closed flat. Provisional data from exchanges shows FIIs bought Rs 11,984.54 crore worth of equity and sold shares worth Rs 18,653.64 crore. DIIs bought Rs 15,333.26 crore and sold Rs 9,404.45 crore worth of equity.
Open FlipWinsol Engineers' IPO remained in strong demand at the investors' desk from the day one, as investors lapped up 46.86 crore equity shares till day 3, i.e. May 8, which was 209.98 times higher than the offer size of 22.32 lakh equity shares.The Jamnagar-based engineering, procurement, construction and commissioning company provides balance of plant (BoP) solutions for wind & solar power generation.
Open FlipThe combined market cap of 81 listed Public Sector Undertakings (PSUs) including banks and insurance companies has grown by 225% in the last three years, aided by the government’s higher capital expenditure, better capital management and professionalism, finance minister Nirmala Sitharaman said on Wednesday. In a rebuttal to Congress and Rahul Gandhi’s claim that PSUs are being “dismantled”.
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