Edelweiss Financial surges over 6% as Jhunjhunwala buys stake 13/06/2014

Edelweiss Financial surges over 6% as Jhunjhunwala buys stake
13/06/2014 11:11
Shares of Edelweiss Financial rose over 6 per cent in early trade on Bombay Stock Exchange (BSE) after Rakesh Jhunjhunwala bought 1.3 per cent stake in financial services firm through an open market transaction. The shares of company rose as much as 6.59 per cent to trade at Rs 63.90 a piece on the BSE. However, shares of the company rose 6.32 per cent to Rs 63.95 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 25,620.68, up 44.47 points or 0.17 per cent at 11.02 hours.