Collateral gains: Rally helps lower promoters’ pledges
The BSE Sensex rallied 23 per cent in the December quarter while the BSE MidCap and SmallCap indices gained 21 per cent and 26 per cent, respectively. Synopsis Out of 650 companies — mostly mid- and small-caps — promoters of at least 60 have released their pledged shares in the December quarter, according to data … Read more