“The bond will be priced on Monday with a base issue size of ‘1,000 crore with the option of increasing the size by another ‘4,000 crore. Insurance companies and pension funds which are the only buyers of this security have already been sounded off,” said a person aware of the issue. The company’s debt is rated AAA.
Breakout Stocks: How to trade JSW Holdings and HCL Technologies on Monday
The Indian market remained volatile throughout Thursday’s trading session. The BSE Sensex fell by more than 100 points, while the Nifty50 closed above the 23,500