Indian Equities See Mixed Reactions Following Rs 6,900 Crore in Block Trades
Indian stock markets experienced significant volatility following a series of major block trades valued at over Rs 6,900 crore, involving companies such as DMart, Groww, Physicswallah, and Welspun Corp. Share prices reacted sharply to the transactions, with some stocks surging while others declined on the news.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (19/100)Sources
Physicswallah shares jump 5% after block deal worth Rs 550 crore. What’s ahead after 63% rally in 6 months?
PhysicsWallah shares surged around 5% after nearly 4.67 crore shares worth about Rs 550 crore changed hands in a block deal at Rs 117.72 apiece. The stock has recovered sharply from its March low, while improving Q1 FY27 financials and a Buy rating from JM Financial point to a more positive outlook.
Read full article →DMart shares fall 3% after 1.06% equity stake sold in block deal; likely worth around Rs 2,600 crore - Moneycontrol.com
DMart shares fall 3% after 1.06% equity stake sold in block deal; likely worth around Rs 2,600 crore Moneycontrol.com
Read full article →Coverage Timeline
Related Stories
TWG Global Denies Fraud Allegations Amid Ongoing Federal Investigation
19m ago
U.S. inflation rises again and stays well above Fed’s target. Rate hike might be in play.
25m ago
US Core Inflation Holds at 3.3% in July Amid Persistent Energy Costs
28m ago
JinkoSolar and Zhihu Miss Revenue and Earnings Estimates
33m ago