Goldman Sachs Buys Stakes in Axis Bank, Vedanta, RIL from Morgan Stanley
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Moneycontrol•27-01-2026, 21:05
Goldman Sachs Buys Stakes in Axis Bank, Vedanta, RIL from Morgan Stanley
- •Goldman Sachs Bank Europe SE acquired a 0.16% stake in Axis Bank for Rs 674.21 crore from Morgan Stanley Asia (Singapore).
- •Goldman Sachs also bought a 0.018% stake in Reliance Industries for Rs 354.1 crore and a 0.055% stake in Vedanta for Rs 152.11 crore from Morgan Stanley.
- •Axis Bank shares rallied 4.59%, Vedanta shares rose 3.11%, while Reliance Industries shares closed flat after the block deals.
- •Miri Strategic Emerging Markets Fund increased its stake in Antony Waste Handling Cell by 0.72%, adding to its holdings.
- •Plutus Wealth Management sold a 1.4% stake in RateGain Travel Technologies to Paisabuddy Finance for Rs 100.43 crore.
Why It Matters: Goldman Sachs acquired significant stakes in major Indian companies through block deals with Morgan Stanley.
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