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Mutual funds news: The month of August saw notable changes in the sector and stock allocation of funds.
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Don't see trading opportunity in Nifty till it witnesses a decisive close above 17,400
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Rare Enterprises' purchase value stood at Rs 110.22 crore while that of Bofa Securities Europe SA was Rs 114.92 crore.
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The market breadth remained in the favour of bulls as 1,717 shares advanced compared to 601 declining and 100 remained unchanged.
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ce investor Rakesh Jhunjhunwala through investment arm Rare Enterprises bought 50 lakh shares in ZEE at an average price of Rs 220.44 per share
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Retail sales growth in China slumped heavily in August further, accentuating the slowdown in the Chinese economy, the latest economic data shows.
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Milan Vaishnav of Gemstone Equity Research and Advisory is positive on ITC with a target price of Rs 223.
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In another bulk deals, Bofa Securities Europe SA bought 48.65 lakh shares in the company at Rs 236.20 per share.
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The overall market breadth was positive as 1,934 stocks advanced on the BSE, while 1,309 declined and 153 remained unchanged
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Sensex settled at 58,247.09, up 69.33 points or 0.12%, while Nifty advanced 24.70 points or 0.14% to 17,380