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Kotak Mahindra Bank Has 1.27 Crore Shares Change Hands In Block Deal

Gold Silver Reports (GSR) – Kotak Mahindra Bank is likely to see block deals as ING Group had plans to sell its remaining stake in the bank worth about $1 billion.

Kotak Mahindra Bank had 1.27 crore shares changed hands in a block deal on the National Stock Exchange at Rs 1,130 per share in pre-market session.

ING Group held 3.7 percent in the private lender as of September, according to an exchange filing.

Shares of Kotak Mahindra Bank fell 3.73 percent on Wednesday to close at Rs 1,129.9 apiece.
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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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