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Deal▼ Bearish for BSE
BSE share price dips 3% as Goldman Sachs, BNP Paribas sell 1.7% stake worth ₹2186 crore
The brief
- Goldman Sachs and BNP Paribas sold a 1.7% stake worth ₹2,186 crore
- BSE shares fell nearly 3% to ₹3,075
- The stake sale and share-price drop directly affect BSE investors
- BSE Share Price Falls Nearly 4% Despite Inclusion In Nifty 50
- BSE shares fall 2.5% on profit booking after Nifty inclusion; Ujjivan SFB, Siemens India rise up to 2.5% on F&O entry
- Sun TV zooms 20%, sees sharpest intraday rally in 9 years; up 45% in 7 days
- SEBI chief says no panel is considering exchange self-trading or self-listing
- Sensex rises 190 points in early trade after two days of losses
BSE replaces Wipro in the Nifty 50
BSE entered the Nifty 50 on 30 September, replacing Wipro. Its six-month average free-float market capitalisation was ₹1,40,879 crore, compared with Wipro’s ₹55,930 crore; Goldman Sachs and BNP Paribas sold 68.33 lakh BSE shares worth about ₹2,186.44 crore ahead of the inclusion.
Wednesday, 30 September
- BSE share price dips 3% as Goldman Sachs, BNP Paribas sell 1.7% stake worth ₹2186 crore