Merrill Lynch arm buys 2.13 mn shares

Foreign fund house Merrill Lynch Capital Markets on Monday bought 2.13 million shares of infrastructure company IVRCL Ltd for Rs 15 crore, through an open market transaction. Last week, Merrill Lynch Capital Markets had bought 1.6 million shares of IVRCL for Rs 11.83 crore. Shares of IVRCL fell 2.61 per cent to close at Rs 70.80 apiece on the BSE.