A federal judge ordered a two-week halt to the $81bn Paramount-Warner Bros Discovery merger after 12 states, led by California, sued to block the deal, citing concerns over competition and consumer choice in Hollywood.
Vedanta shares fell more than 8% after a block deal worth ₹2,149 crore, likely involving promoter Twin Star Holdings selling shares to reduce debt. Analysts, including Ambareesh Baliga, believe the selloff is temporary and the stock could rebound soon.
Lenskart Solutions experienced a block deal worth Rs 1,862 crore as Abu Dhabi Investment Authority (ADIA) sold shares. This follows SoftBank's stake sale. Despite early investors reducing holdings, Lenskart reported a 46% revenue surge in Q4 FY26 and strong full-year financials.
