Burmans’ Rs 2,116-crore open offer for Religare gets tepid response

Burmans’ Rs 2,116-crore open offer for Religare gets tepid response

New Delhi: Burmans’ open offer of Rs 2,116 crore for the acquisition of additional 26 per cent stake in Religare Enterprises Ltd (REL) has received tepid response. As per the data of open offer, against 90,042,541 shares (26 per cent), only 231,025 shares (0.07 per cent) were tendered. The open offer for the acquisition of … Read more

Stocks to buy today: RIL, HUL among top 10 trading ideas by experts for 30 May 2023

Stocks to buy today: RIL, HUL among top 10 trading ideas by experts for 30 May 2023

Indian market is likely to consolidate on Tuesday tracking mixed global cues. The S&P BSE Sensex rose more than 300 points while the Nifty50 closed just a shade below 18600 levels on Monday. India VIX was up by 3.34% from 11.90 to 12.29 levels on Monday. Volatility was slightly up and thus giving some consolidation … Read more