Indian equity markets experienced selling pressure on Tuesday, with midcap and smallcap stocks showing particular weakness. While the Nifty remains in an overall bullish trend above key moving averages, intraday signs are negative. The upcoming results season is expected to increase market choppiness, emphasizing the need for risk management and focus on outperforming sectors.
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%.