Westbridge Crossover Fund LLC sold 32.90 lakh shares of Aptus Value Housing Finance India ltd at a price of Rs 320.39 per share
The shares were acquired at an average price of Rs 2,290 apiece, taking the transaction value to Rs 215.61 crore. Shares of ACC settled 0.43 per cent lower at Rs 2,286.50 on NSE.
In separate open market deals, 3.81 crore scrips of IDFC were picked up by Morgan Stanley Asia (Singapore) Pte, Abakkus Emerging Opportunities Fund-1 and Avendus Absolute Return Fund at an average price of Rs 38.75 per share.
Morgan Stanley Asia (Singapore) has purchased 8.30 lakh shares at Rs 375 apiece through block deal on National Stock Exchange, which was worth over Rs 31 crore.
P5 Asia Investments Mauritius Ltd sold 125,000,000 shares at Rs 110.65 per share on the NSE.
The shares were offloaded on an average price of Rs 110.65, valuing the transaction at Rs 1,383.12 crore.
Growth in China has slowed, Roach acknowledged in a CNBC "Squawk Box" interview, "but it's not going in for a crash … and that will present, I think, an opportunity for shares to re-evaluate the China threat, big time."
Morgan Stanley offloaded 35,82,795 equity shares at Rs 722 apiece on the National Stock Exchange.
Valiant Mauritius Partners on Monday sold 92,11,895 equity shares at Rs 255 apiece and Valiant Mauritius Partners Offshore offloaded 84,33,027 shares at same price through block deals on the National Stock Exchange.
Macquarie Bank offloaded 41,30,000 shares or 1.5 percent stake at Rs 46.45 and Morgan Stanley Asia (Singapore) sold 1,48,74,840 or 5.39 percent stake at Rs 48 through block deals.
In a separate bulk deal, Morgan Stanley picked up 18,042 scrips of Yes Bank at price of Rs 348.53 per share, aggregating the transaction size at Rs 62.88 lakh.
ECL Finance on Thursday sold 6,72,127 shares of Gitanjali Gems at Rs 62.39 apiece and 4,92,951 shares at Rs 62.80 on the BSE.
Singapore-based Morgan Stanley Asia purchased 0.5 percent stake in Apollo Tyres. The news led to stocks of Apollo Tyres gain almost 2.45 percent and hit their highest intra-day level since June 18.
Morgan Stanley Asia purchased 10.80 lakh shares of United Spirit Limited for an estimated Rs 229 crore. The stake amounted to 0.74 percent of United Spirits through an open market transaction.
Wind turbine supplier Suzlon Energy bounced back quite sharply on Friday, rising more than 28 percent in early trade after nearly 34 percent fall yesterday.
Morgan Stanley Asia is looking at a gradual improvement in the investment activities in India, a top company official said today.
Speaking about the Chinese economy Stephen Roach, Former Chairman of Morgan Stanley Asia said the Chinese economy slowed to 7.6% which is down a little more than 4 points from the growth rate of 2 years, when compared to the period of 2008-09.
Stephen Roach, senior fellow at Yale and former non-executive chairman of Morgan Stanley Asia spoke to CNBC-TV18 about the global environment and initiatives of the US Federal Reserve to boost growth
Stephen Roach, former non-executive chairman, Morgan Stanley Asia says he is still unprepared to give the US economy a green light.
Seeing more weakness in global economic activities, Stephen Roach, non-executive chairman of Morgan Stanley Asia said he feared a recessionary relapse in the US over the next six to nine months.