A technical issue at National Securities Depository has disrupted share settlements for three days. Investors’ purchased shares are not appearing in their demat accounts. This prevents them from selling these holdings. The problem stems from NSDL’s inability to process inter-depository transfers. This impacts the routine movement of securities between depositories. Operations are delayed as a result.
Meesho shares drop 4% after block deal worth Rs 900 crore. Should you buy the dip?
Meesho shares witnessed a dip on Wednesday after 3.86 crore shares changed hands in a block deal worth Rs 899.71 crore on the BSE. The