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Street signs: Nifty may hover between 9K-10K, MF equity flows, and more

May 31, 2020 - Business Standard India

The month of May saw two large share sales -Rs 25,000-crore in Hindustan Unilever (HUL), and Rs 8,400-crore in Bharti Airtel (Airtel Making most of large share sales The month of May saw two large share sales —Rs 25,000-crore in Hindustan Unilever (HUL), and Rs 8,400-crore in Bharti Airtel (Airtel). The common factor in both share sales was that French bank Société Générale (SG) was the biggest buyer.

In the case of HUL, SG picked up nearly 10 per cent of the shares on offer at an o...