Vishal Mega Mart promoter Samayat Services sold 90 crore shares worth ₹10,220 crore via block deals. SBI MF, HDFC MF, and Kotak MF acquired over ₹3,600 crore worth. The shares were sold at a 9% discount to market price.
Indian equities are likely to take cues from a slew of domestic and global factors this week, including India’s first-quarter GDP data, US jobs numbers,
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,
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