On Tuesday, Merrill Lynch India Equities Mauritius has offloaded 3.86 lakh shares of private lender HDFC Bank for around Rs 51 crore through an open market transaction.

On BSE, Merrill Lynch sold 3,86,658 shares at an average price of Rs 1,306.15 apiece, taking the transaction size to Rs 50.50 crore. BlackRock Global Funds India Fund picked up the same amount of shares at the same price.

HDFC Bank shares closed 0.69 per cent higher at Rs 1,314.05 on BSE.

• NTPC Green Energy Adds 50 MW Solar Power in Rajasthan
• Coffee Day Enterprises Settles Rs 25 Cr Loan With Kemfin
• GST Collections Rise 14.7% to Rs 2.04 Lakh Crore in September
• GPT Infraprojects Bags Rs 385 Cr South Africa Rail Order
• Cabinet Backs Rs 1.86 Lakh Cr Plan for Green Power Grid

Nearly, PMK Holdings Pvt Ltd sold shares worth Rs 14.30 crore of technology company Cigniti Technologies Ltd via an open market transaction.

As per data shown on National Stock Exchange (NSE), PMK Holdings sold 3,99,184 shares of Cigniti Technologies at an average price of Rs 358.36 per piece, valuing the transaction at Rs 14.30 crore.

Mithun Chand Chennamaneni bought 1.45 lakh shares of the IT firm at Rs 345.59 per share.
Cigniti Technologies shares closed 8.68 per cent lower at Rs 382 on NSE.