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Market watchers believe that the recent turmoil in the global economy due the Russia-Ukraine conflict, soaring crude prices, currency depreciation and ballooning inflation all around the globe have hammered the stock market returns in most of the countries.
The figure stood at 1.7 per cent in the preceding quarter ended March 2022, according to Kotak Institutional Equities.
Stock Market Live: Sensex slips 872 pts to 58,773 and Nifty closes 267 pts lower at 17,490. The market snapped its eight-session winning streak on Friday amid profit-booking and weak global cues. Sensex fell 652 points to 59,646 and Nifty lost 198 points to 17,758.
The value of promoter pledge holding as a percentage of promoter holding declined to 1.5 per cent in the April-June quarter from 1.7 per cent in the previous quarter, according to the Kotak Institutional Equities report.Promoters of 81 ...
Its parent company, API Holdings' is mulling to raise funds through 'rights issue'