May 8, 2018 / 4:17 AM / 19 days ago

BUZZ-India's PNB Housing Finance falls; Carlyle sells shares at discount

** PNB Housing Finance Ltd shares fall nearly 7 pct to 1,280 rupees; biggest daily pct loss in over 2 months

** Private equity firm Carlyle Group LP’s unit is selling 8 mln shares in PNB Housing Finance at a floor price of 1280 rupees, or a 6.9 pct discount to stock’s Monday close, IFR reports, citing a term sheet

** More than 5.7 mln shares traded as of 0354 GMT, over 42 times their 30-day moving average

** Stock has risen 2.5 pct this year up to Monday

** Prior to sale, Carlyle owned 37.16 pct stake in PNB Housing Finance

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