Point Break Capital exited Tamil Nadu Newsprint and Papers by selling entire shareholding of 12 lakh shares (1.73 percent stake) at Rs 133 per share for Rs 15.96 crore.
Bharat Wire Ropes shares rallied 4.69 percent to finish the session at Rs 210.58, snapping three-day losing streak.
Samhi Hotels shares changed hands in the bourses today as Sarvara Investment Fund I sold 49.97 lakh shares at Rs 185 per share while Abu Dhabi Investment Authority bought 50 lakh shares at Rs 185
The real challenge for the Nifty50 is breaking above the 20-day moving average at 19,800, which is also an important level where many traders have placed their bets.
ICICI Direct is bullish on Bharat Wire Ropes recommended buy rating on the stock with a target price of Rs 300 in its research report dated August 31, 2023.