Announced Tue, 14 Jul · 12:14 IST
NSE seeks clarification on Flipkart stake sale news
Regulatory & Legal
SHADOWFAX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-7.7%1-day move
₹222.00
prior close
₹210.17
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.2-0.5-0.5-7.7-8.2-3.2+1.0-1.0-2.0————
Up moveDown movePending
AI summary
NSE has asked Shadowfax Technologies to clarify a news report that Flipkart is likely to sell its stake worth around Rs 700 crore in the company. The company is yet to respond to the exchange's query. Investors should wait for the company's clarification to understand the actual situation, including which investor is selling and whether any deal is finalised.
Likely market impact
Potential supply of shares and uncertainty may pressure the stock. Await company's clarification before taking action.