On April 4, the brokerage house purchased 4.41 million equity shares at Rs 67.45 per share via block deal.
FIIs have increased their stake in Ranbaxy by 1.1 percentage points to 11.79% in March quarter from 10.74% at the end of December quarter.
Under these agreements, Ranbaxy shareholders will receive 0.8 share of Sun Pharma for each share of Ranbaxy.
Markets are likely to open flat on Monday tracking mixed Asian cues. Ranbaxy and Sun Pharma will be in focus.
Amount of foreign buying seen receding from last week
Here's the list of five things we should expect from a new government in its first year
Reserves, for the week to March 28, rose by whopping $5.038 billion to $303.673 billion
New tools will help the capital markets watchdog in keeping a close watch on possible manipulative activities in the stock markets
Brokers attributed the rally in the stock market over the past few days to hopes of a stable Govt at the centre after the forthcoming general elections
The total investment by foreign institutional investors (FIIs) in equities so far in 2014 has risen to Rs 27,088 crore (USD 4.46 billion)
While the market value of ONGC, ITC, Coal India, HDFC Bank and ICICI Bank declined, TCS, Reliance Industries, Infosys, State Bank of India and HDFC gained
Investors turned cautious ahead of the general elections next week and crucial March employment numbers in the US, released late Friday
Unit holders in no rush to book profits; loyalty bonus offers incentive to remain invested for a year
High valuation premium also makes it most expensive in BRIC pack
Total capital raised on platform is Rs 488.45 crore
Investors are taking riskier bets on hopes of a favourable poll outcome. But there are hurdles and it's advisable to be prepared
There are reports that it has formed a JV with realty developer Kanakia Spaces to develop its 16 acre property in Mumbai