Budget Day triggers significant market volatility, with the Nifty often fluctuating within a 2-3% range. Experts suggest focusing on key technical levels, proper risk management, and suitable strategies like Short Iron Fly and Short Iron Condor. Traders are advised to monitor sectors like railways, defense, and infrastructure for profitable opportunities, while employing confirmation-based trades.
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%.