The fund sold about 2.57 crore shares, or 6.86% of its total equity. Nomura India Equity Fund was the buyer of these shares. Fedbank shares ended 1.9% lower at ₹149.51 on Tuesday.
India had fallen out of favor as investors chased markets with greater exposure to the artificial intelligence boom, while the energy shock triggered by the
The two-wheeler major launched its share buyback on July 1 as it aimed to buy back 46.94 lakh shares or 1.68% of the total paid-up
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