Mithun Sacheti of Caratlane and Arpit Khandelwal of Plutus Wealth Management have invested Rs 495 crore in Nazara Technologies, acquiring a 5.4% stake. The funds will be used for strategic acquisitions, highlighting the company’s bullish growth projections for FY26 and beyond. The existing promoters will continue managing, with Sacheti and Khandelwal as deemed co-promoters.
Positive Breakout: These 6 stocks cross above their 200 DMAs
In the Nifty500 pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on July 29, according to stockedge.com’s technical scan data.