What went largely unnoticed in the rush of selling by global EM funds in the last two months was the selling by some marquee long term foreign investors.
Bank of Maharashtra said it has allotted over 10.52 cr equity shares to the government valued at Rs 393.99-cr in exchange of infusion of capital into the bank.
Stock brokers say that some part of the growth in demat accounts could also be attributed to retail investors converting their mutual fund holdings to demat.