Taking Stock: Market bounces back as financials rally; Nifty above 22,600, Sensex up 941 pts
The BSE midcap index was up 0.8 percent and the smallcap index ended flat.
Source: moneycontrol.com
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V Hotels: NCLT OKs Macrotech Developers' acquisition of Centaur Hotel owner's V Hotels
Lodha Group-owned Macrotech Developers is paying around Rs 890 crore to acquire the hotel property in Juhu, an affluent suburb in western Mumbai. The bankrupt hotel company had admitted liabilities of over Rs 2,500 crore. Financial lenders of V Hotels had in June 2023 approved Macrotechs resolution plan with all voting in its favour.
Source: indiatimes.com
Block deals worth over Rs 12,045 crore this week. Kotak Bank, Vodafone Idea among stocks with major action
In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 6,046 crore led by Kotak Mahindra Bank with 29 block counts, totalling to Rs 1,310 crore.
Source: indiatimes.com
3 stocks Rajesh Palviya is bullish on for next week
But overall stock-specific action is clearly there in the market. The sectors which have already shown the breakout in the recent past are continuously showing the buying interest.
Source: indiatimes.com
Dept of Pension and Pensioners' Welfare launches integrated pension portal | Indiablooms - First Portal on Digital News Management
New Delhi: The Department of Pension and Pensioners’ Welfare (DoPPW) has taken a major step in its efforts to modernize pension services and improve the well-being of pensioners.
Source: indiablooms.com