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Temasek will invest about Rs 550 crore ($75 million) in Integrace at a valuation of about Rs1200 crore, people aware of the development told ET.

F&O data presented a mixed picture. The 17,450 level saw maximum Call writing during the session. However, it is the 17,400 level that held the highest concentration of Call open interest.

It was a dream day for Zee Entertainment after Invesco insisted on a management rejig. The latest debutants, Ami Organics and Vijaya Diagnostics, witnessed strong action during the day. Suryoday Small Finance Bank was also in the spotlight post reports on merger.

In factor-based investing, stocks are selected based on style factors such as size, alpha, quality, value, momentum and low volatility.

Some old time shareholders of the company said that they have full faith in the current management under Punit Goenka and welcomed the appointment of new independent directors like Piyush Pandey. “We will never stand with Invesco. Invesco will have to take us in confidence and then we will think about it (EGM resolutions),” said another shareholder.

The exchange consolidates its leadership position by garnering 85 per cent share in the country’s agri-derivatives segment during the month as compared to 80 per cent in August 2020.

Invesco Oppenheimer’s proposal to oust Punit Goenka and few other directors of Zee Entertainment’s board by calling an extraordinary general meeting came as music to the ears for investors who have had reservations about the current board’s ability to ride the company out of its current rut.

“Prima facie, this is mildly negative but of course the impact will be more medium term in terms of how things pan out. ”

The NSE barometer ended the day within its recent consolidation range of 17,250-450, despite hitting a fresh all-time high. Analysts said the bulls lack conviction at highs.

Saurabh Mukherjea, the founder and chief investment officer of Marcellus Investment Manager, has argued that in India, the public should not confuse a large market share for monopolistic practice.