The third quarter earnings results will be announced by 134 companies, with key players such as Nestle India, IndusInd Bank, Sun Pharma, ONGC, Vedanta, and Marico in focus. Nestle’s profits are expected to show marginal growth, while IndusInd Bank may see a significant decline in PAT due to slower loan growth and rising slippages.
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%.