Financial Technologies gains on Merrill Lynch stake buy

On March 5, Merrill Lynch Capital Market bought 235,461 shares of Financial Technologies (India) at Rs 347.76 per share.

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SI Reporter Mumbai
Last Updated : Mar 06 2014 | 11:02 AM IST
Financial Technologies (India) is trading higher by 3.3% at Rs 364, extending its previous day’s 5% gain, after Merrill Lynch acquired equity shares worth of Rs 8 crore from the open market.

On March 5, Merrill Lynch Capital Market Espana S.A.SVB bought 235,461 shares of Financial Technologies (India) at Rs 347.76 per share, the NSE bulk deal data shows.

The stock opened at Rs 360 and touched a high of Rs 366 on the NSE. A combined 888,238 shares have changed hands on the counter so far on the NSE and BSE.

 
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First Published: Mar 06 2014 | 11:01 AM IST

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