“The profit taking has been broad based amid softer global cues,” said Pankaj Pandey, head of research at ICICI Securities. “Nifty is also struggling to cross the psychological levels of 22,000 due to lack of near-term triggers.”
Did HEG shares really crash 64% in one day? Here’s how the demerger math works
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.