← Top stories
Deal▼ Bearish for BSE
Goldman Sachs, BNP Paribas divest over 68 lakh BSE shares worth Rs 2,186 crore ahead of Nifty 50 inclusion
The brief
- Goldman Sachs and BNP Paribas sold 68.33 lakh BSE shares through NSE bulk deals
- The combined sale was worth approximately ₹2,186.44 crore
- Selling pressure may weigh on BSE shares despite the company's expected Nifty 50 inclusion
- Sequoia Capital, Peak XV Partners sell over 4% stake in Mamaearth parent; Goldman Sachs, BNP Paribas offload 1.67% stake in BSE
- Competition Commission okays BNP Paribas-IndiaFirst Life Insurance deal
- Rising oil prices, inflation to create headwinds for India's economic growth: BNP Paribas
- Nebius shares rally up to 8%: What’s driving the AI rally?
- BNP Paribas to keep sensitive data off public cloud despite Google deal
BSE’s entry into the Nifty 50
BSE is set to replace Wipro in the Nifty 50, with its six-month average free-float market capitalisation at ₹1,40,879 crore versus Wipro’s ₹55,930 crore. The inclusion was expected to prompt passive fund inflows.
Wednesday, 30 September
- Goldman Sachs, BNP Paribas divest over 68 lakh BSE shares worth Rs 2,186 crore ahead of Nifty 50 inclusion