Despite pre-IPO shareholders’ lock-in period coming to an end, Nykaa is seeing no selling pressure in trade today (November 10), on account of the bonus issue announced by the cosmetics-to-fashion retailer. This is a masterstroke by investment banker-turned-entrepreneur Falguni Nayar to stem a potential fire sale as the lock-in shares get released into the market […]
Tag: Shares
Nifty Seen Opening Above 17,400; Shree Cements In Focus
By Administrator_India Capital Sands Indian equity benchmarks are set to open higher as indicated by the Nifty futures traded on the Singapore Exchange. The Nifty futures on Singapore Exchange also known as the SGX Nifty futures rose 33 points to 17,424. Meanwhile, Asian shares fell on Wednesday as weak Chinese economic data reinforced worries about […]