Kotak Mahindra Bank shares gained 1.55% to hit ₹1,990 after a massive ₹6,256 crore block deal. About 3.22 crore shares, or 1.62% of equity, were traded at ₹1,941 apiece, with reports indicating Sumitomo Mitsui as the seller. The transaction aligns with Sumitomo's planned ₹14,000 crore Yes Bank acquisition, already cleared by RBI and CCI.
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12:23 pm on
10 Sep