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SASI KUMAR SEBI RA

2nd Oct · SEBI-Registered Analyst

Big Market Moves: Who Bought and Sold on October 1

Stock markets often see large deals between big financial institutions. These are called block deals and can move stock prices. Here are some key highlights from October 1: Eternal (parent of Zomato) • BofA Securities Europe bought shares worth ₹267 crore from Goldman Sachs. • Price: ₹325.5 per share (82 lakh shares). RBL Bank • Morgan Stanley Asia Singapore purchased 32.5 lakh shares (₹89.2 crore). • Price: ₹274.44 per share. Sammaan Capital (earlier Indiabulls Housing Finance) • Goldman Sachs (Singapore) bought 66.4 lakh shares worth ₹109 crore at ₹164.67 each. Jain Resource Recycling (new IPO) • Strong debut – stock surged 37% to ₹318.1 on day one. • Motilal Oswal Mutual Fund added 25 lakh shares (₹68.5 crore) at ₹273.95 each. • The fund now holds 1.46% stake in the company, which works in recycling copper, aluminium, lead, and plastics. Why this matters? • Big buys by global funds often show confidence in a company’s future. • Rising stocks with heavy volumes signal strong investor interest. • But remember, big deals don’t guarantee profits – stock prices can still move up or down depending on business performance and market mood.

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