Ather Energy witnessed significant block deals totaling Rs 545 crore as NIIF-II booked profits by offloading shares. Boston-based Ghisallo and Societe Generale were among the notable buyers, acquiring substantial stakes in the electric two-wheeler manufacturer. Other investors like Invesco Mutual Fund and Motilal Oswal also participated in the transaction.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and