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Merrill Lynch fund sells shares of Icici Bank worth Rs 34 Crore


Merrill Lynch India Equities Fund Mauritius Ltd on Tuesday sold 4.80 lakh shares of private lender ICICI Bank worth Rs 34 crore in an open market transaction.

According to block deal data available with the BSE, Merrill Lynch sold 4,80,440 shares at an average price of Rs 714.65 apiece, taking the deal size to Rs 34.33 crore.

BlackRock Global Funds India Fund bought the same number of shares at the same price. ICICI Bank certificate closed up 0.13% at Rs 711.25 on BSE.

First post: STI


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