Pledging of shares is one of the options that the company promoters use to secure loans to meet working capital requirements, personal needs and fund other ventures or acquisitions. A promoter shareholding in a company is used as collateral to avail of a loan. Here’s is a list of 7 largecap stocks from the Nifty200 index firms where promoter pledges declined in Q1 FY25, according to StockEdge data:
US stocks: Nasdaq hits record as megacap gains offset elevated Treasury yields
On Monday, the S&P 500 gained ground and the Nasdaq Composite hit a historic high, propelled by heavyweight stocks. The technology sector led this upward