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2025-03-292025-03-291111100
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Goldman Sachs bullish on Hindustan Aeronautics and Zomato shares in block deals

Goldman Sachs has shown confidence in Hindustan Aeronautics Ltd (HAL) and Zomato by purchasing significant shares in block deals on March 28, 2025. It acquired 385,774 shares of HAL at ₹4176.25 each, while also buying 6,007,412 shares of Zomato at ₹199.50 each, both from the Kadensa Master Fund. HAL's stock has surged over 35% in the past month, bolstered by positive earnings outlooks and new contracts with the Ministry of Defence.

stock market crash sensex and nifty decline as rupee hits record low

The stock market experienced a significant crash on January 13, with the BSE Sensex dropping 677.22 points to 76,701.69 and the NSE Nifty falling 212.90 points to 23,218.60. The rupee also hit an all-time low of 86.3537 per dollar, influenced by a rally in the US dollar due to positive jobs data. Among the hardest-hit stocks were Zomato Ltd, Mahindra & Mahindra Ltd, and Power Grid Corporation of India Ltd, while only IndusInd Bank Ltd and Axis Bank Ltd managed to gain.
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