Goldman Sachs, through its Singapore entity, held 1.2 per cent stake in the private sector lender as on June 30. Foreign investors holdings in the lender are quite high at 45.83%.
Meanwhile, Route One Fund I LP sold 120,00,000 shares or a 1.5% stake in the bank at an average price of Rs 1,168.26/share. As of June end, the FII held a 2.75% stake in the bank
Shares of IndusInd Bank fell close to 4 per cent in trade on Tuesday and ended at Rs 1,164.6 per share on the NSE.
On a YTD basis, IndusInd shares have yielded over 31% return, while the Nifty Private Bank index, during the same time, delivered 11.25% gains.