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VERIFIEDEconomic Times News·neutral
Institutional demand sparks surge in block deals as promoters book profits
AI Summary
- ·Promoters and large shareholders sold shares worth over ₹24,000 crore in May and June.
- ·Strong domestic institutional investor demand, fueled by SIP inflows, drove the surge in block deals.
- ·Notable sales occurred in Vedanta, Craftsman Automation, and PB Fintech.