According to a Bloomberg report, Indian startups raised nearly $8 billion in July while funding to China fell below $5 billion. Is it a one-month wonder or early signs of things to come? Only time will answer that question.
The stock quoted a 52-week high price of Rs 143.25 and low of Rs 64.2.
While Mirae Asset S&P 500 Top 50 ETF will close on September 14, Mirae Asset S&P 500 Top 50 ETF Fund of Fund will close on September 15.
“Domestic liquidity is propping up the market. We have seen some very large mobilisations made by some of the mutual fund schemes, the kind of numbers that we have never heard before. While the risk reward is looking unfavourable for the broader market, realty is one theme which should deliver positive returns. Largecap IT names, banks and autos are the reasonable part of the market where one can stay putâ€
Shares of Aashka Hospitals were trading 5 per cent lower at Rs 115.05 at 12.20 pm. The IPO concluded on August 24.
Arnault, who had bought into Carrefour in 2007 and is known for running Louis Vuitton owner LVMH, was one of its three big shareholders, along with the Moulin family and Brazilian businessman Abilio dos Santos Diniz.
“The possibility of a double digit growth in metal space can’t be ruled out if China keeps vacating the global space. That is why all the companies look good and most of these companies are trading at 5.5 times or 6 times EV/EBITDA. â€
A total of 82,291 shares changed hands on the counter till 01:32PM (IST).
Promoters held 51.5 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 6.7 per cent and 4.05 per cent, respectively.
On the technical charts, the 200-day moving average of the stock stood at Rs 1905.82.
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