Government of Singapore picks 1.67% in SBI Life Insurance

NEW DELHI: A number of investors exchanged rights entitlement shares of Arvind Fashions on Friday, bulk deal data published by NSE and BSE showed. A couple of major deals also happened in SBI Life Insurance NSE -2.82 %.

HDFC MF and Plenty Private Equity Fund sold nearly 15 lakh RE shares of the clothmaker while Centillion Capital, Kshitij Portfolio and Rajasthan Global Securities together bought over 5 lakh of them.

The Government of Singapore bought 1.7 crore shares of SBI Life Insurance at Rs 915 per share. BNP Paribas Arbitrage bought 90 lakh shares at Rs 910. Both investors did not figure among major investors of the insurer as per the latest shareholding data.

At the same time, BNP Paribas Cardif, which held 5.2 crore shares of 5.20 per cent in SBI Life sold 5 crore at Rs 911.28.

Among other deals, Bank of India continues to dump shares of Rolta India. The lender sold 8.34 lakh shares of the company at Rs 4.20 per share. PLutus Wealth Management bought 35 lakh shares that were sold Westbridge Crossover Fund.

Source: The Economic Times