Morgan Stanley Asia  Pte Sells IndusInd Bank Shares Worth Over Rs 73 Crore
IndusInd Bank Ltd. pamphlets are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Morgan Stanley Asia Pte Sells IndusInd Bank Shares Worth Over Rs 73 Crore

Bookmark

Morgan Stanley Asia Pte on Tuesday offloaded shares worth over Rs 73 crore in IndusInd Bank Ltd. through an open market transaction.

As per block deal data on BSE, over 11.73 lakh shares were sold at an average price of Rs 626.85. This translated into a total deal value of Rs 73.57 crore. Shares of the private lender were picked up at the same price by BofA Securities Europe SA, according to a separate transaction.

On BSE, shares of IndusInd Bank ended at Rs 625.15, down 0.27%.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.