Business News›Markets›Stocks›News›NSE-BSE bulk deals: Sunil Singhania's Abakkus Emerging Opportunities Fund buys over 5 lakh shares of Technocraft Industries
NSE-BSE bulk deals: Sunil Singhania's Abakkus Emerging Opportunities Fund buys over 5 lakh shares of Technocraft Industries
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NSE-BSE bulk deals: Sunil Singhania's Abakkus Emerging Opportunities Fund buys over 5 lakh shares of Technocraft Industries
Domestic equity indices scaled fresh lifetime highs as investor sentiment got a lift after Pfizer and Serum Institute applied for emergency use authorisation for their Covid-19 vaccines in India.
Well-known investor Sunil Singhania-owned Abakkus Emerging Opportunities Fund 1 on Monday bought over 5 lakh shares of Technocraft Industries through a bulk deal on the BSE. On the other hand, Malabar India Fund sold more than 10 lakh shares of Uniply Industries. Vikas Multicorp, SMS Pharma, Tata Chemicals and Ujaas Energy also witnessed bulk deals.
Earlier in the day, domestic equity indices scaled fresh lifetime highs as investor sentiment got a lift after Pfizer and Serum Institute applied for emergency use authorisation for their Covid-19 vaccines in India.
The 30-share BSE Sensex advanced 347.42 points or 0.77 per cent to its fresh closing peak of 45,426.97, after touching a record intraday level of 45,458.92. Similarly, the broader NSE Nifty gained 97.20 points or 0.73 per cent to an all-time closing high of 13,355.75.
Here’s who bought and sold what in some of the key bulk and block deals of the day:
>> Abakkus Emerging Opportunities Fund – 1 lapped up 5,74,842 shares of Technocraft Industries at Rs 311 per share. On the other hand, DSP Emerging Stars Fund sold 6,81,455 shares at Rs 311.03 per share.
>> Malabar India Fund offloaded 10,71,621 shares of Uniply Industries at Rs 3.30 per share.
>> LTS Investment Fund bought 46,00,000 shares of Vikas Multicorp at Rs 7.60 per share. However, Vikas Garg sold 40,00,000 shares of Vikas Multicorp at Rs 7.60 per share.
>> Emerald Company Pvt Ltd bought 4,35,874 shares of Astra Microwave Products at Rs 127.24 per share.