Merrill Lynch sells Bharti Airtel shares worth Rs 1,931 crore
The shares were disposed of at an average price of Rs 499.1 apiece, valuing the transaction at Rs 1,931.23 crore, the data showed.
At the end of December quarter, Merrill Lynch held 5.09 crore shares of the telecom major.
The shares were bought by SRS Partners (Cayman) LLC.
Bharti Airtel stock settled for the day at Rs 496.90 on the BSE, down 1.43 per cent from the previous close.