Wipro shares rise 3% as 8.5 crore shares change hands in two block deals
Wipro shares climbed nearly 3% to Rs 578.8 in Friday’s trading session on the BSE following reports of two block deals executed on the counter. Media reports indicate that 8.5 crore equity shares of Wipro were exchanged in a pre-market block deal, with the promoter likely being the seller. As per the shareholding pattern available…
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fii sell-offs: FIIs offload shares worth ₹29,000 crore via stock exchange in August, but buying noticed in primary market
Apparently, concerned about the valuation differential in two parts of the market, foreign institutional investors (FIIs) have so far sold stocks worth Rs 28,671 crore through the exchanges but have been net buyers for Rs 12,367 crore through the primary market so far in August. As a result, the total net sell-off by FIIs in…
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FPIs remain net sellers at Rs 21,201 crore in first fortnight of August. Here’s why
Foreign portfolio investors (FPIs) were net sellers of Indian equities in the first fortnight in August, offloading shares worth Rs 21,201 crore. The total investments by them now stand at Rs 14,365 crore, so far this year. In July, FPIs bought domestic shares worth Rs 32,365 crore while in June, they were net buyers at…
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