The Nifty Midcap 100 Index has risen almost 20 percent over the past three months compared with a 10 percent increase in the Nifty.
The Sensex was up 317.81 points or 0.51% at 62,345.71, and the Nifty was up 84.00 points or 0.46% at 18,398.80. About 1861 shares advanced, 1680 shares declined, and 167 shares unchanged.
According to the block deal data available with the National Stock Exchange (NSE), Max Ventures Investment Holdings sold 14,99,997 shares of MFSL.
Motilal Oswal is bullish on MAX Financial Service recommended buy rating on the stock with a target price of Rs 950 in its research report dated August 02, 2022.