The FMCG index performed well on Tuesday and Wednesday, with HUL leading the way on both occasions.
There seems to be a logical reason for money to gravitate from large cap funds to equity weight index funds
During the ban period, clients and members are only allowed to trade in derivative contracts of the security to decrease their positions.
The airline intends to "clean up its balance sheets" during the following two quarters, Ajay Singh continued.
The stock fell about 17% on the day of the count in response to the election results.
Foreign institutional investors (FIIs) net sold equities worth ₹12,436.22 Crore on June 5, while domestic institutional investors net sold shares worth ₹3,318.98 Crore.
In February, Kotak Mahindra Bank announced Zurich Insurance's plan to acquire a 70% stake in the insurance company for ₹5,560 Crore in a single tranche.
Asian markets also saw gains on Thursday, driven by hopes of a rate cut by the European Central Bank, while major U.S. indexes hit fresh highs overnight.
The Indian stock market saw a significant recovery on June 5th, 2024, after experiencing a steep decline the previous day.
The offer is split around 50% for qualified institutional buyers, 15% for non-institutional investors, and 35% for retail buyers.

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