Merrill Lynch buys 3.27% in Bank of Baroda via bulk deal

Mumbai: Merrill Lynch Markets Singapore Pte bought 7.55 crore shares of Bank of Baroda, representing 3.27% stake, on Wednesday at Rs 147.08 per share, bulk deal data on the BSE showed.

Separately, UK-based hedge fund Theleme Master Fund, which held 3.29% stake in the public sector lender as of June 30, sold its entire stake of 7.58 crore shares at Rs 147.06 apiece, the data showed.

Shares of Bank of Baroda gained 2.84% on Wednesday to close at Rs 148.40 on the BSE. During the session, the stock had hit a high of 4.4%