The S&P BSE Sensex breached the psychological 62,000 mark on Tuesday, just 2.5% away from the December 2022 all-time high. Chief Investment Strategist at Geojit Financial Services VK Vijayakumar warned investors on the valuation front, saying that the upside to the market was likely to be capped despite the momentum being with the bulls.
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.