Following this, there would not be any equity shares pledged with lenders and all equity shares of the company held by promoters and the promoter group will be free from any encumbrances, the company said.
PB Fintech to invest Rs 349 crore in financial boost to Policybazaar
The present investment seeks to strengthen the financial health of Policybazaar to meet its general operating expenses and enhance brand awareness, office presence and strategic initiatives.
Taking stock: Lackluster day ends with Sensex losing 48 points; IT stocks biggest drag
The headline indices have been trading in a range for a while now in the want of any significant trigger. Smallcap stocks maintained their outperformance for another session.Death Crossovers: IFB Agro among 3 stocks that signal bearishness
Death Crossovers,NSE Stocks,50-DMA,200-DMA, IFB Agro Industries, Star Health and Allied Insurance
Positive Breakout: LIC and 4 other stocks cross above their 200 DMA
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
At multi-year highs: Bharti Airtel among 4 stocks that saw 5-year swing high breakout
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Taking Stock: Market closes flat after choppy session; pharma drags, oil gas, realty gain
Hero MotoCorp, Bajaj Auto, BPCL, Eicher Motors and IndusInd Bank were among the top Nifty gainers. The losers included Cipla, UltraTech Cement, LTIMindtree, SBI Life Insurance and Larsen ToubroMid-day Mood: Indices trade in a range; auto, bank stocks find buyers, no takers for pharma, IT
At 11:21 am, the Sensex was up 35.57 points or 0.05 percent at 66,058.81, and the Nifty was up 2.60 points or 0.01 percent at 19,814.40.Taking Stock: Market ends higher in choppy trade; IT, power gain, banks a drag
Top Nifty gainers were BPCL, Cipla, NTPC, Infosys and Power Grid Corporation, while losers included IndusInd Bank, Hindalco Industries, Kotak Mahindra Bank, Adani Enterprises and Adani PortsMid-day Mood | Nifty hovers near 19,800 in range-bound trade, Sensex flat; Tata Tech IPO booked 2x
The uptrend in the market is intact with global support coming from the easing US bond yields, said analysts.