Economic TimesLean R·
Institutional demand sparks surge in block deals as promoters book profits
Mumbai: Big-ticket secondary market transactions are gathering pace as a rebound in mid- and small-cap stocks is prompting company promoters and large shareholders, including private equity and venture capital funds, to cash in on gains. At least ₹24,000 crore worth of shares have been offloaded through the exchanges' block and bulk deal windows in May and June, underscoring the revival in institutional appetite for large secondary share sales after a lull during the height of the West Asia con…
Read at Economic Times →
