Indian markets are currently volatile. Metals showed some gains due to copper prices. The Reserve Bank of India policy and Q2 results are key triggers. BFSI sector may lead if the policy is favorable. Construction and infrastructure sectors are also promising. Metals have a long-term positive outlook.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000