Torrent Group is in the final stages of acquiring around 66% of the IPL team Gujarat Titans, valuing the franchise at about Rs 7,500 crore. The deal requires BCCI approval and would be the first majority stake sale since IPL’s inception in 2008.
Negative Breakout: These 9 stocks cross below their 200 DMAs
In the Nifty500 pack, nine stocks’ closing prices crossed below their 200-day moving averages (DMA) on September 21, according to technical scan data from StockEdge.