Tue, Nov 5, 2024 7:17 PM
Govt to sell up to 2.5% stake in Hindustan Zinc through OFS
A Flip by Avya Verma
Motilal Oswal Financial Services, on November 5, saw a significant transaction, wherein the Motilal Oswal Foundation sold 375,000 shares or a 0.06 percent stake in it at Rs 933.30 per share. Meanwhile, the Tata Mutual Fund bought 375,000 shares at the same price. The shares of Motilal Oswal Financial Services closed at Rs 930.85 per share today down by 1.33 percent.
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Shares in Viking Therapeutics jumped after the company shared positive data from an early-stage trial of its obesity pill but then dipped after an analyst shared concerns about manufacturing difficulties with the drug. The Phase I study (NCT05203237), evaluating VK2735, reported a placebo-adjusted weight loss of 6.8% in the high-dose cohort after four weeks in 92 patients.
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Trump Media & Technology Group stock (DJT) climbed more than 10% in early trading on Tuesday, extending its double-digit percentage rise to kick off the week as investors brace for more volatility with Election Day underway in the US. The stock suffered its largest percentage decline last week and closed down around 20% to end the five-day period on Friday, which shaved off around $4 billion.
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