Vedanta Limited expanded its sale of Hindustan Zinc Limited shares by including an oversubscription option. The offer increased to a total of 1.51% of HZL’s equity share capital. A portion of the equity shares is reserved for retail investors, with allocation scheduled for August 19, 2024. The sale aims to attract substantial interest from investors.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings