Craftsman Automation promoter sells 2% stake for ₹486 crore in block deal

Shares of Craftsman Automation Ltd ended at ₹9,446.55, down by ₹87.60, or 0.92%, on the BSE

Shares of Craftsman Automation Ltd ended at ₹9,446.55, down by ₹87.60, or 0.92%, on the BSE

A promoter entity of Vedanta has sold shares worth nearly ₹1,900 crore in a major block transaction. The stake sale comes at a time when the group is focused on strengthening its balance sheet and advancing the proposed demerger of…

Bajaj Auto has disclosed a ransomware attack that affected the systems of the company and its technology subsidiary. The automaker said it quickly activated response measures and has so far been able to contain the impact.

The Nifty opened on a subdued note and came under further pressure as a sharp sell-off across Asian markets weighed on investor sentiment. Sustained selling through the session dragged the benchmark lower, with the Nifty ending near the 23,800 mark.

Shares of Rashi Peripherals Ltd ended at ₹731.05, down by ₹30.30, or 3.98%, on the BSE.

Domestic institutional investors remained net buyers on June 23, extending their support for Indian equities, while FIIs posted marginal inflows. The institutional buying came despite a broad-based market sell-off that dragged benchmark indices sharply lower.

Investors will also track the Indian Railway Finance Corporation’s Offer for Sale, while comments from Infosys Chairman Nandan Nilekani on the company’s AI engagements with clients remain in focus.

Infosys expands GlobalFoundries AI IT deal, NLC India and IOCL plan green JV, YES Bank, Delhivery, IRFC, Honasa Consumer and Satin Creditcare announce moves. Here are few stocks to track ahead of Wednesday’s trading session.

Shares of City Union Bank Ltd ended at ₹198.25, up by ₹0.40, or 0.20%, on the BSE.

The Enforcement Directorate has conducted searches at premises linked to Rajesh Exports days after Sebi accused the company of overstating revenues by more than ₹15 lakh crore through its overseas subsidiaries. The company has denied any wrongdoing and said its…