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    NSE-BSE bulk deals: Max Ventures trims stake in Max Fin Services

    Synopsis

    Max Ventures Investment Holdings sold 20,80,000 shares of Max Financial Services at Rs 600.07 per share. It held 28.15 per cent stake in the company at the end of June.

    broker
    Fidelity Funds Asian Smaller Companies Pool bought 4,20,288 shares of Repco Home Finance at Rs 150.33 per share. The fund already held 1.52 per cent stake in the company.
    Mumbai: Among the key bulk deals on Tuesday, Max Ventures Investment Holdings trimmed its stake in Max Financial Services, while Fidelity Funds raised its stake in housing finance company Repco Home Finance.

    Meanwhile, the selloff in the market continues with benchmark equity indices logging a decline for the fourth straight session. Benchmark Sensex dropped 300 points to close at 37,734, while peer Nifty shed 97 points to 11,154.

    Here’s who bought and sold what in some of the key bulk and block deals of the day:
    >> Max Ventures Investment Holdings sold 20,80,000 shares of Max Financial Services at Rs 600.07 per share. It held 28.15 per cent stake in the company at the end of June.

    >> Fidelity Funds Asian Smaller Companies Pool bought 4,20,288 shares of Repco Home Finance at Rs 150.33 per share. The fund already held 1.52 per cent stake in the company.

    >> Promoter Baroda Industries bought 3,24,000 shares of Bajaj Electricals from co-promoter Kiran Shekharkumar Bajaj at Rs 462.90 per share. The two held 0.86 per cent and 5.20 per cent stake in the company respectively at the end of June.

    >> Unifi Wealth Management bought 2,06,000 shares of Majesco at Rs 779.05 per share.

    >> Companies such as Route Mobile, Indiabulls Housing Finance, PVR and RBL Bank also witnessed bulk deals during the day.

    Here are all the BSE bulk deals:
    bse bulk deals 1 (16)
    bse bulk deals 2 (22)

    Here are all the NSE bulk deals:
    nse bulk deals (26)

    Here are all the NSE block deals:
    nse block 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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