On Friday, shares of FSN E-Commerce Ventures, the parent company of Nykaa, surged 4% to a daily high of Rs 218.75 on the BSE. This rise followed a pre-market block deal in which investors Harindarpal Singh Banga and his wife, Indra Banga, are believed to have sold a 1.4% stake in the company.
Approximately 4.09 crore shares, representing 1.4% of the company's equity, were traded in this block deal.
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