Bharat Forge, Lemon Tree and Tata Communications are among the companies that have managed to bring their pledged promoter holdings down to zero during the January-March quarter, according to a report from Kotak Institutional Equities. During the December quarter, Bharat Forge had 7.1% of its promoter holding pledged, while Lemon Tree and Tata Communications had 3.3% and 3.1% respectively.
Open Flip📈 Amid mixed global cues, benchmark indices started on a flat note today. 📊 At 9:16 AM, the Sensex lost 78.00 points or 0.11% at 73,388.39 and the Nifty was down 22.10 points or 0.10% at 22,280.40. 📢 Bank of Baroda (⬆️2.76%), TVS Motor (⬆️2.63%) and Bharat Electronics (⬆️2.18%) appeared as the top performers on the Nifty50 at open. Hero Moto, Bajaj Auto, SBI stocks are in focus today.
Open FlipThe dollar held tight ranges against most peers on Thursday as traders awaited key U.S. inflation data for cues on Federal Reserve policy, while the focus on the massive interest rate gap between Japan and the U.S. helped it make some gains on the yen. Against the Japanese yen, the dollar slowly inched up after it fell more than 3% last week.
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