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Street Signs: Anchor lock-in expiry, reversal of fortune for ETFs & more

Stocks of Archean Chemical Industries, 5 Star Business Finance, Kaynes Technology India, and Inox Green will be watched keenly this week as 90-day anchor lock-in period in these counters expires

sensex, BSE
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Abhishek KumarSamie ModakSundar Sethuraman
Investors keyed up over anchor lock-in expiry

The shares of Archean Chemical Industries, 5 Star Business Finance, Kaynes Technology India, and Inox Green Energy Services (Inox Green) will be watched keenly this week as the 90-day anchor lock-in period in these counters expires. Previously, stocks have come under pressure in the course of selling by institutional investors after the end of the anchor lock-in. The heightened volatility amid rout in Adani Group stocks is expected to further bedevil sentiment. “Except Inox Green, investors are sitting on decent gains in the three other stocks where the anchor lock-in is set to