Shareholder Lock-In: 20 crore shares of eight companies become eligible to trade today

From Mamta Machinery to DAM Capital, as many as 20 crore shares of eight companies will become eligible to trade as their shareholder lock-in period ends.

From Mamta Machinery to DAM Capital, as many as 20 crore shares of eight companies will become eligible to trade as their shareholder lock-in period ends.

At the end of the December quarter, the Brightcom Group had 6.26 lakh retail shareholders, or those with an authorised share capital of up to ₹2 lakh. These investors hold a 43.42% stake in the company.

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 23,350.40, while Sensex ended at 76,905.51.

S&P 500 futures rose, Japanese shares fluctuated between gains and losses in early trade, while Australia’s market fell. The dollar was softer against major peers, while the 10-year US Treasury yield advanced.

Brent traded above $72 a barrel after rising 2.2% last week, while West Texas Intermediate was near $68.

The firm’s chief US equity strategist expects any near-term rally to be temporary and led by low-quality companies as uncertainty looms around the prospects for corporate and economic growth.

While the equities benchmark quickly clawed itself out of a correction, the rebound has so far been shallow and market bulls are looking for the return of CTA buyers to amplify any gains.

Market watchers keep a close eye on retail traders as they are often the last to cut their exposure to stocks, so the latest bout of aggressive buying from mom-and-pop investors may suggest that equities haven’t found the bottom yet.

Stocks to Watch for March 24: Major market movers this week include Godrej Properties’ ₹2,500 crore Bengaluru land acquisition, UCO Bank’s ₹2,000 crore QIP launch, and L&T’s ₹12,000 crore borrowing approval. Leadership changes at L&T, arbitration claims against IRCON, and…

As we head into expiry week for the March series, all eyes are now on the upcoming earnings season for the quarter, as well as for the financial year in its entirety. But the big question is, whether this recovery…