Gold­man Sachs Arms Sell Stake in Max Fi­nan­cial

The Economic Times - - Markets: Beating Volatility -

Gold­man Sachs sub­sidiaries—Xenok and GS Mace Hold­ings—sold 1.18 crore shares, or 4.42% stake, in Max Fi­nan­cial Ser­vices on Fri­day at ₹ 596-599.95 per share, bulk deal data on the BSE showed. Sep­a­rately, the data showed that Sun­daram BNP Paribas MF, Birla Sun­life MF, SBI Mu­tual Fund, DHFL Pramer­ica Mu­tual Fund and Mor­gan Stan­ley (France) bought a to­tal of 1.12 crore shares at ₹ 596 per share. Mor­gan Stan­ley held 1.67% stake in Max Fi­nan­cial as of June 30. Shares of Max Fi­nan­cial Ser­vices ended up 2.64% at ₹ 615.40 on the BSE on Fri­day.

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