Morgan Stanley, Citigroup buy HDFC Bank shares worth Rs 755 crore

2 hours ago 2

Morgan Stanley and Citigroup connected Thursday bought shares of backstage assemblage lender HDFC Bank for implicit Rs 755 crore done unfastened marketplace transactions. According to the artifact woody information disposable connected the BSE, New York-headquartered fiscal services companies Morgan Stanley and Citigroup done their affiliates purchased 43.75 lakh shares of the Mumbai-based bank.

The shares were picked up astatine an mean terms of Rs 1,726.2 apiece, taking the combined transaction worth to Rs 755.29 crore.

These shares were sold by BNP Paribas' limb BNP Paribas Financial Markets done 2 abstracted artifact deals astatine the aforesaid terms connected the BSE.

BNP Paribas is an concern slope and fiscal services company.

Last week, Paris-based BNP Paribas offloaded shares of HDFC Bank for Rs 543.27 crore.

Shares of HDFC Bank fell 2.55 per cent to adjacent astatine Rs 1,682.15 apiece connected the BSE.

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