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According to the shareholding data available with the exchanges, 68.16% stake is held by promoter and promoter group, while the rest lies with the public.Top mutual funds, including Nippon India, and ICICI Pru MF, own about 8.90% in the company, while foreign investors have about 7.86% stake

During instances of high volatility in stocks, exchanges move them to short-term or long-term additional surveillance framework

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The European Central Bank raised interest rates by 50 basis points on Thursday as promised, ignoring financial market chaos and calls by investors to dial back policy tightening at least until sentiment stabilizes. The ECB has been raising rates at its fastest pace on record to curb inflation, but a rout in global markets since the collapse of Silicon Valley Bank in the United States last week had threatened to upend those plans at the last moment. In line with its often-repeated guidance, the central bank for the 20

Apollo Hospital shares fall 0.01% as Nifty gains

Updated at : 2023-03-16 19:35:03

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The stock quoted a 52-week high price of Rs 4995.0 and a 52-week low of Rs 3365.9.

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A stock split is usually done to increase the liquidity of the stock in the market. On the ex-split date, investors who are holding the stock until the record date will receive the new shares in demat accounts and the stock price will be adjusted according to the split ratio

Stock market update: Nifty IT index falls 0.69%

Updated at : 2023-03-16 19:35:03

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The Nifty IT index closed 0.69 per cent down at 28517.25.

Fear gauge index India VIX marginally fell down by 0.60% from 16.22 to 16.21 levels. Volatility took a pause after a spike in the last week but was quoting near the highest levels of the last 26 trading sessions, thus giving the overall grip to bears in the market

Though the SVB & Credit Suisse crises have eased, the market lacks the confidence to hold positions on contagion fears, maintains analyst

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The uncertainty in the Indian market, triggered by the collapse of two US banks, has left investors searching for stronger stocks that can withstand volatility.

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