The non-public sector lender’s stock has been frozen upper circuit for the fourth straight working day. In the previous week, the stock has rallied forty one per cent from one per cent rise in the S&P BSE Sensex.
The investing volumes on the counter almost doubled with a put together 726,846 shares transforming arms on the NSE and BSE till eleven:21 am. There had been pending buy orders for one.27 million shares on both of those the exchanges, information demonstrates.
According to a report by The Economic Periods, US fund home Tilden Park Capital Management has sounded out the Reserve Bank of India (RBI) for buying a