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    NSE-BSE bulk deals: Max Ventures sells Max Financial Services shares, MIT ups stake in NIIT

    Synopsis

    Promoter Max Ventures Investment Holdings sold 61,00,000 shares in Max Financial Services at Rs 535.18 per share. At end June, it held 28.15 per cent or 7,58,83,275 shares in the company.

    broker
    Pankaj Jasraj Sahuji bought 1,00,000 Spencer’s Retail Rights Enititlement (RE) at Rs 13.75 each.
    Mumbai: Among the key bulk deals on Wednesday, promoter Max Ventures trimmed its stake in Max Financial Services, the holding company of Max Life Insurance, while Massachusetts Institute Of Technology raised its stake in global learning outsourcing company NIIT.

    Of the frontline indices, Sensex dropped 0.07 per cent or 24.58 points at 37,663.33 points, while Nifty rose 0.06 per cent or 6.40 points to 11,101.65 points.

    Here’s who bought and sold what in some of the key bulk and block deals of the day:
    >> Promoter Max Ventures Investment Holdings sold 61,00,000 shares in Max Financial Services at Rs 535.18 per share. At end June, it held 28.15 per cent or 7,58,83,275 shares in the company.

    >> Massachusetts Institute Of Technology bought a total of 30,00,000 shares of NIIT Ltd in two separate deals on BSE and NSE at Rs 96.75 each. At the end of June, it held 1.87 per cent stake in the company.

    >> BoFA Securities Europe SA bought shares of Biocon, Dr Reddy’s Laboratories, HDFC, Hindustan Unilever, Infosys, Jubilant Lifesciences, Mphasis, Petronet LNG, Reliance Industries and Tata Consultancy Services from Merrill Lynch Markets Singapore PTE.

    >> Oman India Joint Investment Fund II bought 50,69,903 shares of DCB Bank at Rs 81.90 per share, while Motilal Oswal Asset Management Co A/C PMS Invest IN sold 50,00,000 shares of the bank at the same price.

    >> Pankaj Jasraj Sahuji bought 1,00,000 Spencer’s Retail Rights Enititlement (RE) at Rs 13.75 each, while Upendra Doshi sold 53,333 of such RE at the same price.

    Here are all the BSE bulk deals:
    bse 1

    bse bulk deals 2 (6)

    Here are all the BSE block deals:
    bse block deals (3)

    Here are all the NSE bulk deals:
    NSE bulk deals (9)



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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