Rakesh Gangwal, co-founder of Indian carrier IndiGo, has sold a 5.8% stake in operator Interglobe Aviation via bulk deals on Monday, stock exchange data showed.

Morgan Stanley bought 2.1 million shares in Indigo at 3,015.10 rupees.

(Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Sonia Cheema)