BSE shares climb 4% after Goldman Sachs buys 7.28 lakh shares for ₹400 crore, rises 13% in 2 sessions
1 month ago

BSE shares climb 4% after Goldman Sachs buys 7.28 lakh shares for ₹400 crore, rises 13% in 2 sessions

Live Mint  

Shares of BSE Ltd extended their gains to the second consecutive session on Thursday, February 20, surging nearly 4 per cent in intra-day trade after global investment firm Goldman Sachs acquired a stake in the leading stock exchange through an open market transaction. According to bulk deal data available on the National Stock Exchange, Goldman Sachs Pte purchased 7.28 lakh shares of BSE through an open market transaction on Wednesday. Goldman Sachs acquired the shares of Mumbai-based BSE at an average price of ₹5,504.42 per share, bringing the total deal value to ₹401.19 crore. The leading stock exchange also achieved its highest-ever quarterly revenue, recording ₹835.4 crore in Q3FY25, marking a 94 per cent jump from ₹431.4 crore in the corresponding quarter last year.

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