97% of companies were above mark when indices hit all-time high in Oct '21, against just over 55% presently
Nearly 28 lakh shares were tendered by shareholders of NDTV under the Adani group's open offer at the end of the third day on Thursday. Adani group's open offer to acquire an additional 26 per cent stake in the media firm New Delhi Television (NDTV) started on Tuesday. According to the data from BSE, a total of 27,72,159 NDTV shares amounting to 16.54 per cent of the offer size were tendered by the shareholders by 1600hrs on Thursday. Adani's offer price is Rs 294 per share, while NDTV shares settled at Rs 368.40 on Thursday, which is 25.3 per cent higher compared to the offer price. In the last three months, NDTV shares reached a high of Rs 540.85 on September 5, 2022. The offer closes on December 5, a notice by JM Financial, the firm managing the offer on behalf of Adani Group firms, said. Markets regulator Sebi on November 7 granted its approval to the proposed Rs 492.81 crore-open offer. The conglomerate, run by India's richest man Gautam Adani, in August acquired a little-k
Analysts said that half of the BSE 500 firms trading below 200-DMA clearly indicates that market sentiment isn't strong and there is heightened selling pressure in the broader markets
DII stake in BSE 500 companies up nearly 55% in seven years
FY22 was the second consecutive year when shareholder payout exceeded annual investment in fixed assets
The 200-DMA - nearly a year's average of closing prices - is analysed by traders to understand the market sentiment
Broader markets witnessed sharper selling pressure, with Nifty Midcap and Smallcap down around 4 per cent each.
The value of promoter pledged holdings stood at Rs 1.7 trillion, 0.81% of total market cap of BSE 500 index
New-age businesses are doing well as compared to the traditional sectors and the optimism is getting reflected in their stock prices, analysts say
The index, which accounts 93 per cent of the total market capitalisation of BSE listed companies cover all major industries in the Indian economy, has lost 4 per cent thus far in 2018
Earnings spread for foreign investors down to 10-year low of 1.1 per cent, from 2 per cent at the beginning of the year and record high of nearly 5 per cent in 2013
60% of BSE 500 companies have seen a drop in pledged shares