Tue, Nov 26, 2024 4:59 PM
FIIs buy shares worth nearly Rs 10,000 crore on Nov 25
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French aviation training company Simaero said India will need to double its flight simulator training centres by 2030 to cater to the growing demand for pilots as domestic airlines are set to take delivery of over 1,000 new aircraft over the next decade. Simaero India will open its first center in Gurugram by March 2025, aiming to train 6,000 pilots annually by 2027.
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Motilal Oswal Wealth Management has shared a basket of 5 listed consumption names that it says are poised to benefit from the ongoing wedding season, and are expected to do well over medium-to-long term. Recommendations- 📌Titan, 📌Eicher Motors, 📌Vedant Fashion, 📌Safari, and 📌Lemon Tree Hotels - which are expected to benefit from the wedding season and see an upside of 10-15% over 3-6 months.
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FIIs recorded a net purchase of ₹1,157.70 crore in equities on Tuesday, November 26, following a massive ₹9,947.55-crore inflow the previous day, provisional data shows. This signals a continuation of FII buying momentum after ending a record 38-session selling streak. In contrast, DIIs net sold equities worth ₹1,910.86 crore today, following their ₹6,907.97 crore sell-off yesterday (November 25).
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