Goldman Sachs buys BSE shares for Rs 401 crore
Goldman Sachs on Wednesday bought shares of leading stock exchange BSE for Rs 401 crore through an open market transaction. According to the bulk deal data available on National Stock Exchange (NSE), US-based Goldman Sachs through its arm Goldman Sachs (Singapore) purchased 7.28 lakh shares of BSE Ltd.
The shares of Mumbai-headquartered BSE were picked up at an average price of Rs 5,504.42 apiece, taking the deal value to Rs 401.19 crore.
Details of the sellers of BSE shares could not be ascertained on the bourse.
Shares of BSE rallied 8.14 per cent to close at Rs 5,608.50 per piece on the NSE on Wednesday.
On February 6, BSE reported its net profit doubling to Rs 220 crore for three months ended December 2024.
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