Berkshire Hathaway‘s Vice Chairman Ajit Jain has sold more than half of his stake in the company, garnering $139 million, according to a Bloomberg report. According to the SEC filing, Jain, who is one of Warren Buffett’s top lieutenants, sold 200 of his class A common stocks at an average of $695,418 per share, just … Read more
Indian stock market closed in the green for the second straight day on Tuesday. The S&P BSE Sensex rose more than 270 points while the Nifty50 reclaimed 19400 levels. Sector-wise, buying was seen in telecom, capital goods, consumer durables, and power stocks while selling was visible in metals and banks. Stocks that were in focus … Read more
As many as 132 BSE500 stocks hit their respective 52-week highs in May, spanning across sectors, riding on the positive momentum in markets. Some of the marquee names in the list include IndusInd Bank, Indian Oil Corp, Persistent Systems, Bharti Airtel, Hindustan Aeronautics Ltd, ITC, Kotak Mahindra Bank, IndiGo, Titan, Ultratech, DLF, Varun Beverages, Delta … Read more