FIIs have been steadily increasing their stake in Axis Bank in the last few quarters. In September quarter last year, they were holding 46% stake in the bank, and their current holding is likely at an all-time high.
The rollover of positions to the August derivative series of Nifty50 was higher than the three-month average, and the open interest was also higher than that at the beginning of the July series.
Yatharth Hospital said it will utilise fresh issue proceeds for repaying debts, capital expenditure for hospitals, and funding inorganic growth initiatives, besides general corporate purposes.
We believe that the upward trend in our equity markets will continue in the future. India is economically better positioned compared to most of the world s major economies.
Asit C Mehta Investment Intermediates Ltd, subsidiary of Asit C. Mehta Financial Services Ltd, has appointed Mr. Prashant S Vaishampayan as Head of Research, Institutional Equities.