We saw big selling pressure in Delta Corp. Equirus Wealth sold 25.32 lakh shares in the casino gaming company, and Kalpraj Damji Dharamshi offloaded 19 lakh shares.
A short build-up was seen in 61 stocks, including HDFC Bank, LTIMindtree, L&T Technology Services, Bata India and Gujarat Gas. An increase in OI along with a price fall indicates a build-up of short positions.
Melorra said that the funds will be utilised for technology upgrade, ramping up brand marketing, and expansion of Melorra’s experience centres pan-India.
Melorra is also raising funds from Puneet Bhatia, managing director of TPG Growth Capital, Mukul Agarwal of Param Capital, and Singapore-based Symphony Asia,