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​The promoter sold 58,85,000 shares of the company at Rs 679.20 per share, bulk deals data on the National Stock Exchange showed

The winemaker was exchanging hands at a discount of Rs 10-15 per share in the unofficial market, against the issue price of Rs 357

Weighed down by the selling, shares of Just Dial ended nearly 3% down at Rs 589.85 on the BSE

The Dow Jones Industrial Average rose 178.35 points, or 0.54%, at the open to 33,028.09

The latest sale of 1% stake by the Burman family in Dabur, which fetched around Rs 1,000 crore, is viewed as a step towards increasing holding in Eveready to over 50% from 43%, which may also result in reducing debt

For the year, eight out of 10 stocks have given positive returns but only three stocks have outperformed the index, and five stocks have given double-digit returns in 2022, according to data from ACE Equity.

CLSA had also upgraded Paytm last month saying that cash burn could end in another four to six quarters

Eligible investors will be entitled to get 1 share against every 2 shares they hold in the company

The Nifty Pharma index closed 2.39 per cent up at 12920.4.

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