Short build up seen in Indusind bank Futures on Thursday, with a 2 per cent addition in Open Interest (Prov) and price falling 1.21 per cent: HDFC Securities

The stock of the airliner opened at ₹2,630 apiece against the previous close of Rs 2,565.75 but soon fell 5.3 per cent during intraday trade hit Rs 2,430.15

Capital markets regulator Sebi has kept in ‘abeyance’ the proposed initial share sale of securities depository NSDL.
However, the Securities and Exchange Board of India (Sebi) did not clarify further.
The National Securities Depository Ltd (NSDL) filed its preliminary papers with the capital markets regulator on July 7.
Going by the draft papers, NSDL’s proposed initial public offering (IPO) is a complete offer-for-sale (OFS) of more than 5.72 crore equity shares by existing shareholders.
Under the OFS, IDBI Bank plans to offload 2.22 crore shares, National Stock Exchange (NSE) 1.80 crore shares, Union Bank of India 56.25 lakh shares, State Bank of India and HDFC Bank will offload 40 lakh shares each.
Also, Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI) will sell 34.15 lakh shares of the Mumbai-based depository.
IDBI Bank and National Stock Exchange (NSE) held 26.10 per cent and 24 per cent, respectively, of the share capital of NSDL.
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Billionaire Anil Agarwal-promoted Twin Star Holdings on Thursday divested a 4.1 per cent stake in conglomerate Vedanta Ltd for Rs 3,983 crore through an open market transaction.
Following the stake sale, shares of Vedanta tumbled 6.71 per cent to close at Rs 253.90 apiece on the NSE.
According to the bulk deal data available with the National Stock Exchange (NSE), Twin Star Holdings Ltd offloaded more than 15.40 crore shares, amounting to a 4.14 per cent stake of Vedanta Ltd.
The shares were sold at an average price of Rs 258.55 apiece, taking the aggregate transaction value to Rs 3,983.10 crore.
Meanwhile, Copthall Mauritius Investment acquired nearly 8.49 crore equity shares in two tranches and Societe Generale bought more than 2.94 crore shares, amounting to 2.2 per cent and 0.79 per cent, respectively, stake in Vedanta.
The shares were purchased at an average price of Rs 258.50 per piece. This took the combined deal size to Rs 2,955 crore.

HSBC MF acquired L&T MF in 2022, leading to a multifold rise in its AUM. At the time of acquisition, L&T MF had an AUM of around Rs. 71,000 crore