In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 6,046 crore led by Kotak Mahindra Bank with 29 block counts, totalling to Rs 1,310 crore.
The outlook on the market remains positive, but there is a growing view that the leaders of the next phase of uptrend will be a different set of stocks
As numbers from key PSU companies turned out to be below market expectations, realization dawned that valuations were far ahead of fundamentals, and there was a sudden stampede for the exit