According to Nagaraj Shetti of HDFC Securities, the Nifty is currently hovering around the critical support level of 25,000, which coincides with both an ascending trend line and the 10-day EMA. The daily chart displays a bullish pattern, characterized by higher highs and higher lows.
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%.