Cross deals in pharma scrips

Pharma stocks marched back to glory with Glaxo registering a spate of over 6 cross deals on the BSE. The first deal of 15,000 shares was executed at a price of Rs 560, another deal of 7,500 shares at Rs 544, 15,000 shares at 536.50 and three deals of 5,000 shares each at a price of Rs 577.50, Rs 535 and Rs 548.50 respectively. Similarly, Bayer India witnessed a huge deal of 1.02 lakh shares traded on the `trade-to-trade' segment of the NSE at Rs 1,530. On the normal segment of the exchange the stock closed at Rs 1,725 registering a gain of 3.88 per cent.

Besides pharma, another counter which registered phenomenal volumes in the negotiated segment ITW Signode, which saw a single trade of 2.5 lakh shares transacted at Rs 66, while four other deals ranging between 10,000 shares to 30,000 shares traded in the band of Rs 64.50 to Rs 66.

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