Under the OFS, the government will offload seven crore equity shares, representing about 3.5% of equity with an oversubscription option of another 3.5%. Based on the base offer and oversubscription option, the government plans on selling up to 14.01 crore shares.
4 mutual fund NFOs to open for subscription this week
Four mutual fund NFOs will open for subscription this week. These funds are index funds offered by Motilal Oswal Mutual Fund. (Source: ACE MF)