Promoters of companies listed in the Indian stock markets are steadily reducing their stakes, as high valuations and strong investor appetite provided an opportunity to liquidate holdings at elevated levels, according to a report by Motilal Oswal Financial Services.
State Development Loans (SDLs) continued to see subdued investor appetite for the seventh consecutive week, while central government securities (G-secs) witnessed better demand, especially for the newly introduced 30-year tenor, according to a report by ICICI Bank.
This significant uptick includes major players like NTPC Green, Hexaware Technologies, Vikram Solar, Aditya Infotech, Varindera Construction, Vikran Engineering, and Mauri Tech. These filings highlight the growing confidence of companies across sectors in tapping the capital markets, signall
Mumbai (Maharashtra) [India], Sep 22 (ANI): Equity benchmark indices traded lower on Tuesday with auto and banking stocks as top drags while investor appetite globally was hit by concerns over rising Covid-19 infections and consequent delay in economic recovery.