Finance

Marshall Wace sells Rs 394-crore worth Shriram Finance shares

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MUMBAI: Marshall Wace Investment Strategies-Eureka Fund sold shares of Shriram Finance worth 394 crore in a bulk deal on NSE on Friday. The hedge fund sold 1.4 million shares at 2684.3 apiece. BNP Paribas Financial Markets was a buyer in the deal. Shares of Shriram Finance gained 1.75% to close at 2,731.3 on Friday and are up 17.8% in the last one month.

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