Around 3.51 percent stake or 3.73 million shares will be sold in a block deal, the company announced. According to Friday s close, the stake sale will be valued at Rs 535 crore.
Based on the OI percentage, 87 stocks, including Astral, Lupin, Indiabulls Housing Finance, Titan Company and National Aluminimum Company, saw long build-ups.
The short-term outlook remains robust. If the Nifty moves above 18,350, it can rise to 18,600. If the index drops below
18,350, traders should exit long positions, analysts say
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