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Ion Exchange (India) slips after Rakesh Jhunjhunwala sells stake

Ion Exchange (India) fell 1.44% to Rs 1,383 after Rakesh Jhunjhunwala and his firm Rare Investments on Tuesday sold an aggregate 5.38 lakh shares, or 3.6% stake, in the company via bulk deals on the BSE.According to bulk deal data on BSE, market veteran Rakesh Jhunjhunwala sold 1.50 lakh equity shares (1.03% equity) of the company at Rs 1,205.19 per share yesterday, 2 March 2021.
Rare Enterprise, owned by Rakesh Jhunjhunwala and his wife, Rekha Jhunjhunwala, sold 3.87 lakh equity shares (2.64% equity) of Ion Exchange (India) at Rs 1,205.42 per share.
Meanwhile, Plutus Wealth Management bought 4.75 lakh equity shares (3.24% equity) of Ion Exchange (India) at Rs 1,220.75 per share.
As on 31 December 2020, Rakesh Jhunjhunwala held 5.28% in the Ion Exchange (India). ....

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Sensex spurts 1100 pts, Nifty climbs over 2% as banks rally; RIL jumps 4.5%

Read more about Sensex spurts 1100 pts, Nifty climbs over 2% as banks rally; RIL jumps 4.5% on Business Standard. Domestic shares rallied for the third straight session on Wednesday led by gains in banks, financials and metal stocks. The Nifty settled near 15,250 level. Barring the Nifty Auto index, all the sectoral indices on the NSE ended in the green. ....

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Sensex soars 1100 pts, Nifty closes near 15,250

Read more about Sensex soars 1100 pts, Nifty closes near 15,250 on Business Standard. As per the provisional closing data, the barometer index, the S&P BSE Sensex, jumped 1147.76 points or 2.28% at 51,444.91. The Nifty 50 index soared 326.5 points or 2.19% at 15,245.25. ....

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