Shares of Route Mobile more than doubled on its debut and rose as much as Rs 735, up 110 per cent from its issue price of Rs 350. It pared some of the early gains, as sentiment soured in the secondary market, and closed at Rs 651.10.
The Vanguard Group Inc A/C Vanguard Emerging Market Stock Index Fund A Series Of V I E I F bought 30,41,977 Tata Motors DVR at Rs 63.37 each.
Mumbai: Route Mobile dominated the bulk deals on Monday as investors such as Goldman Sachs and Kuwait Investment Authority stocked up shares of the company at its debut.
The Vanguard Group continued with its buying spree of Indian stocks, and shopped for Tata Motors DVR and Deepak Nitrite.
There was bloodbath in the market as global markets tumbled. The benchmark Sensex dropped 2.1 per cent to close at 38,034, while peer Nifty shed 2.2 per cent to close at 11,251.
Here’s who bought and sold what in some of the key bulk and block deals of the day: >> Goldman Sachs India Fund Limited, Goldman Sachs Trust Emerging Markets Equity Fund, GS FDS Sicav GS Global Emg Mkts EQ Portfolio, Kuwait Investment Authority A/C Kuwait Investment Auth FD 225, lapped up shares of Route Mobile, which made its debut on the bourses on Monday.
Shares of Route Mobile more than doubled on its debut and rose as much as Rs 735, up 110 per cent from its issue price of Rs 350. It pared some of the early gains, as sentiment soured in the secondary market, and closed at Rs 651.10.
>> The Vanguard Group Inc A/C Vanguard Emerging Market Stock Index Fund A Series Of V I E I F bought 30,41,977 Tata Motors DVR at Rs 63.37 each.
>> Indiabulls Housing Finance – Employees Welfare Trust bought 27,00,000 shares of Indiabulls Housing Finance at Rs 156.95 per share.
>> The Vanguard Group Inc A/C Vanguard Emerging Market Stock Index Fund A Series Of V I E I F bought 12,02,981 shares of Deepak Nitrite at Rs 839.18 per share.
>> Sundaram Mutual Fund bought 36,500 shares of Valiant Organics from promoter Jaya Chandrakant Gogri at Rs 2,751 per share. At the end of March, Gogri held 8.1 per cent stake.
Last week, promoter Dilesh Roadlines sold 4,00,000 shares of Valiant Organics at Rs 2,749.10 per share, while Goldman Sachs India Fund bought 1,06,502 shares in the company at Rs 2,749 and Nippon India Mutual Fund lapped up 2,90,000 shares at Rs 2,749.02 per share.
>> OJ Commodities Brokers bought 3,00,000 shares of Archies from Gentleman Products at Rs 12.07 per share.
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