Morgan Stanley sells nearly 38 lakh shares of Gitanjali Gems
Investment firm Morgan Stanley has sold 37.86 lakh shares of jeweller Mehul Choksi-owned Gitanjali Gems through open market transactions. Gitanjali Gems shares have plunged nearly 94% since PNB accused Choksi and Nirav Modi of defrauding the bank of over â¹13,900 crore. Shareholding of Morgan Stanley Mauritius Company and Morgan Stanley (France) has now come down to 2.06% from 5.25% earlier.