Shares of HDFC Bank were trading in the lower circuit after block deal Today. About 2.35-mln shares have reportedly changed hands through block deals.
According to a Bloomberg report, an unrevealed entity is likely to sell 1.1-Crore shares or 0.42pc of total paid-up equity, of the bank via a block deal. The deal will be done in the price range of Rs.2,219 to 2,287-per share, the reports adds.
At 2.40am shares of HDFC Bank was trading at Rs.2,246.25, down by Rs.43.75 or 1.91-pc v/s its previous closing of Rs.2290 on the BSE.
Conversely, on the NSE, HDFC Bank’s share price was quoted at Rs2240.40 down Rs.46.75 or 2.04-pc, at the same time.