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HUL, Lux Industries shares gain despite market crash
Shares of companies like Glenmark Life Sciences, Hindustan Unilever and Lux Industries defied the bearish market sentiment as the Indian headline indices Nifty and Sensex tanked over 3% on Monday falling by over 800 and nearly 2,600 points respectively after following the global cues. Glenmark Life Sciences shares surged as high as 6.3% today, followed…
Navigating Market Turbulence: A Close Look at Black Monday 2024 through PracticeSimulator
On August 5, 2024, financial markets across the globe experienced a significant downturn, now referred to as “Black Monday.” The Nikkei 225 index, along with other major market indices such as the S&P 500, GOLD, and EU50, recorded steep declines, sending shockwaves through the investment community. This article delves into the sequence of events that…
FPIs net sellers of Indian equities at Rs 14,794 crore in June so far
Despite Indian benchmark indices ending with strong gains this week, foreign portfolio investors (FPIs) have remained unenthusiastic in June so far, off-loading Indian equities worth Rs 14,794 crore. In 2024 year-to-date, FPIs have off-loaded stocks worth Rs 38,158 crore. FPIs continued the trends in June from May and April, in which they sold shares worth…
Airtel promoter group entity sells 0.56% stake for Rs. 7,200 crore to institutional investors
Indian Continent Investment Limited (ICIL), part of Bharti Airtel‘s promoter group, sold 34.30 million shares representing 0.56% stake in the telecom major for Rs 7,200 crore through a block deal to long-term institutional investors, the company informed stock exchanges on Tuesday. The block deal involved the sale of 34.30 million shares on November 26, 2025,…
