Eight stocks where retail holding surged in Q4 as MFs & FIIs sold
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One of the biggest retail bets of the quarter was Majesco, where retail holding jumped by a whopping 39.65 percentage points to 60.79 per cent from 21.14 per cent at the end of December quarter. Both FPIs and mutual funds dumped the stock during the period.
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Recent debutant Burger King India also saw retail buying, even as the scrip has lost one-fourth of its value year to date.
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NEW DELHI: Even as the second wave of Covid-19 halted the market momentum from the middle of the March quarter, one set of companies saw retail investors buy into them heavily, latest shareholding data showed.
Benchmark indices reverse losses, Sensex up 135 points at 47,841
Nifty gains 63 points to 14,360
The benchmark indices, the BSE Sensex and the NSE Nifty, reversed their early losses to trade firm in the afternoon session on Thursday.
At 1:28 pm, Sensex was up 135 points or 0.28 per cent at 47,841. Nifty was at 14,360, up 63 points or 0.45 per cent stronger.
The top gainers on the Sensex were ICICI Bank, Bajaj Auto, Kotak Bank, Dr Reddy s and SBI. The laggards were Titan, M&M, Nestle India, Tech Mahindra and Hindustan Unilever.
The benchmark indices opened Thursday s session on the backfoot and maintained their weak undertone in the morning session.
Sensex Tumbles Over 500 Points In Early Trade; Nifty Slips Below 14,200
After falling 501 points in the opening session, the 30-share BSE index was trading 463.36 points or 0.97 per cent lower at 47,242.44.
PTI 22 April 2021 File photo PTI 2021-04-22T10:02:32+05:30 Sensex Tumbles Over 500 Points In Early Trade; Nifty Slips Below 14,200 outlookindia.com 2021-04-22T10:03:08+05:30
Equity benchmark Sensex slumped over 500 points in early trade on Thursday, tracking losses in index majors Reliance Industries, HDFC Bank and HUL as mounting COVID-19 cases in the country kept investors on edge.
After falling 501 points in the opening session, the 30-share BSE index was trading 463.36 points or 0.97 per cent lower at 47,242.44.
Nifty slips below 14,200 Equity benchmark Sensex slumped over 500 points in early trade on Thursday, tracking losses in index majors Reliance Industries, HDFC Bank and HUL as mounting COVID-19 cases in the country kept investors on edge. After falling 501 points in the opening session, the 30-share BSE index was trading 463.36 points or 0.97 per cent lower at 47,242.44. Similarly, the broader NSE Nifty tanked 130.10 points or 0.91 per cent to 14,166.30. IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by Asian Paints, Axis Bank, HUL, M&M, Tech Mahindra, Bajaj Finance, Reliance Industries and HDFC Bank. On the other hand, Dr Reddy’s, Sun Pharma, ONGC, Infosys and HDFC were among the gainers.