Synopsis
Shares pledged by promoters of companies listed on the National Stock Exchange increased to 1.53% of the total market capitalisation of all the companies listed on the exchange from 1.51% in April, according to data from primeinfobase.com. In value, this increased 9.52% in May to an all-time high of Rs 3.35 lakh crore, compared with Rs 3.06 lakh crore as on April 30.
Mumbai: Pledging of shares by promoters has increased marginally in May from the preceding month, despite the stock markets gaining 6.5% and trading close to their lifetime highs.
Shares pledged by promoters of companies listed on the National Stock Exchange increased to 1.53% of the total market capitalisation of all the companies listed on the exchange from 1.51% in April, according to data from primeinfobase.com. In value, this increased
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