India Inc promoters cash out Rs 1 lakh crore in 2024. Sign of stock market peaking?

August 20, 2024

In 2024, promoter sales exceeded Rs 1 lakh crore. Data from ETMarkets and Prime Database reveal that promoters of over 250 companies have sold stakes totaling approximately Rs 97,000 crore through bulk and block deals. Promoters of listed companies have also offloaded stakes through the OFS route which accounts for another Rs 7,300 crore.

More To Explore

Venugopal Garre on AI, earnings and why India’s market valuations may stabilize

Global markets face turbulence from geopolitical tensions and rising oil prices. Venugopal Garre advises investors to adopt a long-term perspective, building portfolios for the next

March 16, 2026

Citi cuts Nifty’s target to 27,000 on earnings, macro risks from raging Iran war

Citi Research has lowered its year-end Nifty 50 target to 27,000, citing escalating Middle East war risks impacting India’s growth and corporate earnings. Surging oil

March 16, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003