Nuvama Quantitative News Today

Beige Ltd., an affiliate of ChrysCapital, holds a total of 2.99% stake in Mankind Pharma. After the sale, the holding will reduce to 0.09%.

Indias attraction as a business destination owes much to its robust institutions, including an independent judiciary. This stands in sharp contrast to Hong Kongs diminishing appeal due to the erosion of its institutions under the influence of the Chinese Communist Party

Equity bulls on Dalal Street rejuvenated, with the BSE Sensex gaining 1300 points in a single session. The market is optimistic about government spending in infrastructure and energy sectors, attracting investor interest. The upcoming budget is expected to focus on fiscal consolidation, capital investment-led expansion, and rural growth.

But after partying hard in the last couple of months, fatigue among bulls is likely to be seen entering into the New Year, shows various data indicators.

Open interest in Nifty January futures at over Rs 301 billion or 13.9 million shares, is the highest seen since the April derivative series, pointed out analysts. The base with which the new year and the January series begin shows the ultra-bullish sentiment prevailing in the market.

According to the bulk deals data available with the exchanges, Twin Star has offloaded 15.4 crore shares in the company. The transaction was done at a weighted average price of Rs 258, which is at 5% discount to Wednesdays closing price