Indian stock markets saw their best weekly performance in four months. Banking stocks led the rally, fueled by positive business updates and loan growth. Investors are optimistic ahead of the Diwali trading session. While short-term gains are expected, analysts suggest caution post-Diwali as loan growth may not sustain. Foreign investors showed buying interest.
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%.