Reuters Market Eye - DB Realty Ltd(DBRL.NS) shares gain as much as 4.4 percent on Monday after the ICICI Bank released a part of controlling stakeholders' pledged shares after the property developer repayed a portion of its loan from the bank.
DB Realty has seen shares equivalent to 11.04 percent of its paid up capital returned to the property developer, according to an exchange filing.
DB Realty shares gain 1.1 percent as of 12.11 pm.
(Reporting by Manoj Dharra)
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It remains to be seen whether Nifty will be able to break the 8,100 mark during October. With major events out of the way, the next trigger will be the Q2 FY16 earnings season which is expected to kick off next week. It is advisable for the investors to continue building their equity portfolio by utilising market volatility as an opportunity, writes Ambareesh Baliga. Full Article