By Ajay kumar | CEO & Editor-in-chief
Mumbai, Maharashtra (UNA) : Equity markets observed focused institutional activity as prominent fund houses adjusted equity stakes in select mid-cap companies. SBI Mutual Fund divested a 2.4 % shareholding in Nazara Technologies, realising approximately ₹216 crore, while another institutional investor reduced its position in Entero Healthcare by about 5.2 %. Overall market movement during the session reflected a blend of selective portfolio reshuffling within the mid-cap segment, amid broader stability in benchmark indices. While headline indices maintained a relatively steady tone, changes in institutional shareholdings in specific stocks drew attention from market participants. The stake reduction in Nazara Technologies followed profit-taking and strategic reallocation by the fund, as part of periodic portfolio adjustments. Nazara, a digital entertainment and gaming firm, had seen strong performance in recent months, prompting some investors to moderate exposure after a solid run. Similarly, trimming of Entero Healthcare holdings by another institutional player pointed to rebalancing activity within healthcare and mid-cap exposures. Entero, an integrated clinical research and services company, has been part of diversified mid-cap strategies, and changes in allocation reflected shifting priorities among large-scale managers. Market participants said such stake movements are part of regular institutional portfolio maintenance, especially toward the end of a calendar year. Analysts noted that while these adjustments can influence stock-specific volatility, broader market direction continues to be guided by macroeconomic cues and earnings trends.