Nifty suffered its worst February decline since 2020, dropping 5.9% amid a broad sell-off, primarily in IT, auto, and pharma stocks. The index is down 16% from its peak, marking its longest losing streak since 1996. With March starting on a weak note, hopes are pinned on positive seasonality based on past performance in the final financial month.
Rakesh Gangwal, family trust sell 5.72% in IndiGo parent for Rs 11,564 crore
Rakesh Gangwal and his family executed a significant block deal, selling a 5.72% stake in InterGlobe Aviation for ₹11,564 crore. This transaction, part of a