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Stock Market Live Updates 06 December 2023: Sensex, Nifty extend record streaks; global markets cautious ahead of crucial US data

Stock Market Live Updates 06 December 2023: Sensex, Nifty extend record streaks; global markets cautious ahead of crucial US data
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Ambuja Cements up 3%, Sanghi Industries 5% as investors cheer acquisition deal

According to Jefferies, after acquisition, Ambuja s capacity stands at 74.6 MTPA. The company is also set to increase capacity to around 100-110 mtpa By FY26/FY27

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sanghi industries: Ambuja Cements completes buyout of Sanghi Industries

Ambuja Cements bought about 133 million shares of Sanghi Industries worth ₹1,627 crore in a block deal on NSE on Tuesday. The shares were purchased at ₹121.9 apiece. The sellers included Sanghi Industries promoters Alok Sanghi, Aditya Sanghi, Sanghi Polymers and Samruddhi Investors Services, among others.

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Bulk deals: Fireside offloads Rs 230 cr shares in Mamaearth, TPG Asia sells Rs 190 cr stake in Shriram Properties

As per the bulk deals data available on the exchanges, Fireside sold 60.88 lakh shares in Honasa at an average price of Rs 378 per share

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