The value of promoter-pledged holding as a percentage of the promoter holding declined to 1.3% in the March quarter from 1.6% in the previous quarter, an analysis by Kotak Institutional Equities shows.Promoters of 90 companies have pledged part of their holdings in the March quarter. Thyrocare Technologies, Max Financial Services and Suzlon Energy had more […]
By Nagaraj Shetti After showing up move with high volatility on Tuesday, Nifty witnessed sharp upside bounce on Wednesday and closed the day higher by 197 points amidst intraday range movement. The opening upside gap remains unfilled. After the formation of positive hammer type candlestick pattern on the daily chart on Tuesday, the market gave […]
Indian Overseas Congress chairman Sam Pitroda said he is worried about the path that India takes in the future in view of too much importance being accorded to religion. The Congress leader’s remarks came in reference to the preparations for the consecration of the Ram Temple in Ayodhya on January 22. Prime Minister Narendra Modi […]