Ace Investor Ashish Kacholia Sells 8.25% Stake in Naman Industries Proxima

Market Update - March 20

Bulk Deals

• Ashish Kacholia, a prominent investor, engaged in significant trading activities on March 20, selling 10.78 lakh shares (8.25%) in Naman Industries Proxima at Rs 53.41 per share for Rs 5.76 crore. Concurrently, he acquired 7.73 lakh shares in Aela Commodities at Rs 120.5 per share for Rs 9.32 crore.
• Vanguard Total International Stock Index Fund sold 7.21 lakh shares (0.53%) in NIIT at Rs 59.77 for Rs 4.31 crore.
• Chanakya Opportunities Fund I offloaded 2.49 lakh shares (1.07%) in Tridhya Tech at Rs 8.15 for Rs 20.29 lakh.
• Norges Bank sold 60.99 lakh shares (0.63%) in Zee Entertainment at Rs 72.73 for Rs 44.36 crore.
• India Capital Management Limited acquired 1.64 lakh shares (0.61%) in Ganesha Ecosphere at Rs 828 for Rs 13.60 crore.
• Pine Oak Global Fund sold 3.95 lakh shares (1.85%) in Monika Alcobev at Rs 240 for Rs 9.48 crore.
• Emerging Market Fund PCC - Citadel Capital Fund and Emerging Market Fund PCC - Elite Capital Fund acquired a combined 3.95 lakh shares (1.87% and 0.68%) in Monika Alcobev at Rs 240 for Rs 9.48 crore per share.

Market Performance

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• The Sensex surged 325.72 points (0.44%) to close at 74,532.96.
• The Nifty rose 112.35 points (0.49%) to close at 23,114.50.