FPIs net bought $391 Million in equities, but there was heavy Friday selling after the Israeli attacks on Iran
ITC completed the acquisition on a cash-free, debt-free basis, with an aggregate upfront consideration of ₹400 Crore.
The markets cracked on the last 2 days due to the Dreamliner crash and Israeli attacks on Iranian facilities
On NSE, it sold another 14 lakh shares at an average price of ₹1,225.63. The aggregate transaction value stands at ₹334 Crore.
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The week also saw India’s forex reserves bouncing sharply and inching closer to USD 700 bn. An increase in both gold reserves as well as foreign currency assets drove the increase.
NTPC also stated that it has completed the trial operations of a third unit of 660 MW of its North Karanpura Super Thermal Power Project in Jharkhand.
The real estate firm plans to develop a premium housing project on the site. Based on internal estimates, the project could offer a build potential of roughly 1.5 million square feet.
Investors who were holding company’s shares as of Friday, June 13, shall receive both the split shares and the bonus allotment.
Domestically, profit booking emerged in sectors like Real Estate and Banking, which had witnessed strong rallies in the past few weeks.
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