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    BSE shares soar 4% after Goldman Sachs buys stake for ₹401 crore

    Shares of BSE Ltd soared practically 4 per cent in early commerce on Thursday, a day after Goldman Sachs acquired stake for ₹401 crore by way of an open market transaction. The inventory has zoomed practically 15 per cent from Tuesday’s low of ₹5,090.

    The US-based Goldman Sachs by way of its arm Goldman Sachs (Singapore) bought 7.28 lakh shares of BSE Ltd at a median worth of ₹5,504.42 per share, as per bulk deal information on the NSE.

    Shares traded at ₹5,787.70 on the NSE as at 10.26 am, up 2.78 per cent, after hitting an intraday excessive of ₹5,850.

    Whole market capitalisation stood at ₹78,198.12 crore, in keeping with NSE information.

    BSE Ltd’s web revenue doubled to ₹220 crore for the quarter ended December 2024, as per monetary outcomes reported earlier this month, and income jumped 94 per cent to ₹835.4 crore. The Q3 outcomes cheered the brokerages to favour the inventory, observing robust itemizing exercise boosted the income.

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