On 8th April 2024, BSE Sensex climbed over 494.28 points or 0.67 per cent and settled at 74,742.50. The index made an all-time high of 74,869.30 during the day.
Mirae Asset Mutual Fund (MF), ICICI Prudential MF, ICICI Prudential Life Insurance Company, Norges Bank, Morgan Stanley Asia Singapore Pte, Societe Generale, Blackstone, BofA Securities Europe SA were the buyers of Axis Bank shares. Get more Companies News and Business News on Zee Business.
Bain Capital is offering Axis Bank shares for Rs 1,071-Rs 1,076.05 a share. The private equity firm will exit the lender after more than six years of its investment in the latter.
Bain Capital acquired its stake in Axis Bank in November 2017. BofA Securities India is the sole bookrunner. In June, Bain Capital sold a 0.7% stake in Axis Bank at an average price of Rs 968 per share, aggregating Rs 2,178 crore. Prior to this, the private equity firm had sold a 1.2% stake in October 2022.