Temasek in talks with Tata Group to offload 20% stake in Tata Play

October 6, 2023

Singapore-based investment firm Temasek is in advanced talks with the Tata Group to sell its 20% stake in Tata Play to the Indian conglomerate that owns the largest stake in the direct-to-home (DTH) company, people privy to the development told ET. “There has been a lot of movement in the discussions between the two companies …

bank nifty: Don’t short Bank Nifty till it drops below 44,500: Rupak De

October 1, 2023

Bank Nifty has not been displaying significant momentum, primarily due to the lackluster performance of the heavyweight HDFC Bank. Rupak De, Senior Technical analyst at LKP Securities, says it may not be advisable to consider shorting until Bank Nifty drops below 44,500. “A decisive decline below this level could potentially drive the index towards 43,800/43,500. …