After recording the longest-ever selling spree of 38 sessions, foreign portfolio investors (FPIs) finally pressed the buy button on November 25, buying shares worth almost Rs 10,000 crore amidst an overall positive market sentiment because of the thumping win that BJP-led NDA registered in Maharashtra. Over the past two months, FPIs have been aggressively selling in the India stock market.
Open FlipThe dazzlingly bright fine jewellery store had all kinds of glitzy items on display, but there were only four customers checking them out when Mint visited it on a Wednesday evening earlier this month. The manager candidly told us most visitors arriving after browsing the website Bluestone.com, and rarely looking for wedding jewelry, unlike traditional retailers like C. Krishniah Chetty or others.
Open FlipThe Karnataka High Court has stayed a National Company Law Tribunal (NCLT) order that barred Byju’s-owned Aakash Educational Services from passing a resolution to amend its Articles of Association (AoA). The resolution was an attempt to reduce the influence of minority shareholders, the investors had argued, accusing Byju’s of trying to giving a greater say to big investors like Manipal Education.
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