Business OpportunitiesFII-TO-FII TRADES: PNB traded at 7% premium
Trades between FIIs generated a volume of Rs 63 crore on the BSE Tuesday-an increase of 357.01% from Rs 14 crore clocked on Monday. As many as six stocks witnessed trades of 12 lakh shares on Tuesday.
- PNB to buy 64% stake in Dana Bank for Rs 93 cr - FIIs net buy Rs 170cr, DIIs net sell Rs 147cr - FinMin sets up body to review portfolio investment policies - FIIs net buyers Rs 394cr in F&O on Monday - PNB, Union and Axis buy stake in Experian Credit - FIIs net sell Rs 168cr, DIIs net buy Rs 132cr
Punjab National Bank was traded at highest premium of 6.75% on BSE with 29,216 shares changing hands at Rs 977.05 as against the spot price of Rs 915.25.
Scrip
FII Close*
FII shares#
Spot Close@
Premium To spot price %
BSE
Punjab Nat Bank
977.05
29216
915.25
6.75
Union Bank
293.45
30436
283.80
3.40
Grasim Ind
2410.00
24886
2350.90
2.51
TV 18
80.00
125000
78.10
2.43
Bank of India
395.00
17010
390.55
1.14
Bank of Baroda
552.20
943649
546.85
0.98
* FII-Close is the closing price of the scrip under FII-to-FII trades
# FII-Shares is the total number of shares traded under the FII-to-FII trades
@ Spot close price is the closing price in the cash market
Union Bank of India was traded at second highest premium of 3.40% on BSE with 30,436 shares changing hands at Rs 293.45 as against the spot price of Rs 283.80.