Morgan Stanley, Goldman Sachs and others buy a 1.92% stake in Ather Energy

Morgan Stanley, Goldman Sachs, Societe Generale and Abu Dhabi Investment Authority, among others, jointly bought a 1.92 per cent stake in Ather Energy from the National Investment And Infrastructure Fund for nearly ₹521 crore through open market transactions on Wednesday. ICICI Prudential Mutual Fund (MF), Tata MF, Invesco MF, Motilal Oswal MF, Aditya Birla Sun […]

Morgan Stanley and Goldman Sachs choose multibagger Ather Energy via block deals; NIIF sells stake of Rs 233 cr

Morgan Stanley and Goldman Sachs acquired shares in small-cap multibagger Ather Energy in separate block deals on Wednesday, with the National Investment and Infrastructure Fund (NIIF) emerging as the seller. NIIF has sold over 33.78 lakh shares in transactions worth around Rs 233 crore.Other buyers of the electric two-wheeler maker included Tata Mutual Fund, Aditya […]

US Stocks Today | Dow at 50,000: From AI spillovers to rate cuts, what drove the record run

The Dow Jones Industrial Average crossed the 50,000-point mark for the first time on Friday, marking a historic milestone for the 128-year-old blue-chip index as a powerful rally in industrials, financials and select technology stocks helped Wall Street recover from a tech-led sell-off earlier this week.The Dow Jones rose 1,206.95 points, or 2.47%, to close […]

Block deals today: Goldman Sachs and BofA sell stakes worth Rs 119 crore in RIL, HDFC Bank and Apollo Hospitals

D-Street has witnessed a number of block deals involving top names like Reliance Industries (RIL), HDFC Bank and Apollo Hospitals Enterprises. While Goldman Sachs sold shares in RIL and HDFC Bank, while BofA sold shares in Apollo.Goldman Sachs sold 3.98 lakh shares through its subsidiary Goldman Sachs Bank Europe SE at a price of Rs […]