Shares of Inox Leisure today gained as much as 2.6 per cent as a fund managed by Goldman Sachs has bought 1.25 million shares or 1.3 per cent of equity in Inox.

According to BSE data, Norges Bank has bought 1.1 million shares in Inox.

Share purchase by large institutional investors like Goldman Sachs generally creates bullish trend in respective counters, say traders.