Shares of BSE Ltd extended their gains for the second consecutive session on Thursday, February 20, surging nearly 4 percent in intra-day trade after global investment firm Goldman Sachs acquired a stake in the leading stock exchange through an open market transaction.
The stock rallied as much as 3.8 percent, hitting an intra-day high of ₹5,845. This surge follows an 8.5 percent jump in the previous session on Wednesday, February 20. In these 2 sessions, the stock has risen almost 13 percent.
According to bulk deal data available on the National Stock Exchange (NSE) website, Goldman Sachs (Singapore) Pte purchased 7.28 lakh shares of BSE Ltd 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. However, the details of the sellers in the transaction were not immediately available.
