There were many instances in the past where manipulators floated rumours in the market to rig share prices.
Among the Sensex firms, Asian Paints, Titan, Larsen & Toubro, JSW Steel, ITC, Hindustan Unilever, Maruti and Reliance Industries were the major gainers.
Vedanta promoter Twin Star Holding is planning to sell a 4.3 per cent stake in Vedanta Ltd to raise up to $501 million (Rs 4,136 crore) for debt repayment.
Mahindra & Mahindra on Wednesday said its total wholesales increased 32 per cent year-on-year to 80,679 units in October, its highest-ever dispatches in a month.
The decline is mainly due to the Reserve Bank of India’s (RBI) decision to withdraw the Rs 2,000 denomination notes from circulation on May 19 this year.
Sebi prohibits insider trading but allows senior management personnel to trade in the shares of their companies under the trading plan framework, introduced in 2015.
The share price hit the lower circuit of 20 per cent after it touched Rs 650.65 apiece.
This will be Brookfield’s third acquisition in the Indian telecommunications space.
Hybrid funds are the solution for that. To make your investing tax efficient, multi asset allocation or hybrid funds are great ways to do it and more so in times like now where one asset class has done well and is at higher valuation and another one is poised to do well.
Among the Sensex firms, Mahindra & Mahindra, Axis Bank, Kotak Mahindra Bank, Larsen & Toubro, Bajaj Finance and UltraTech Cement were the major laggards.