Morgan Stanley sells shares worth Rs 641 crore

Global financial services major Morgan Stanley today sold shares of various firms, including Bharti Airtel and HDFC, for Rs 641.48 crore through open market transactions.
According to the block deal data available with BSE, Morgan Stanley offloaded 1.21 crore shares of four firms for Rs 641.48 crore.
The shares were disposed of in the range of Rs 259.65- 1,698.5 apiece.
Morgan Stanley sold shares of Bharti Airtel for Rs 212.20 crore at a price Rs 530.5 per unit and that of HDFC for Rs 61.64 crore at Rs 1,698.5 per scrip.
ITC's shares were offloaded for Rs 163.27 crore at a price of Rs 259.65 apiece, while that of Shriram Transport Finance Company were sold at Rs 1,362.5 per unit for Rs 204.37 crore.

The shares were bought by Societe Generale.