Indian stock markets are showing strong performance this festive season. The Nifty50 is nearing 26,000, driven by positive historical trends during Muhurat trading. Analysts expect continued gains, particularly in midcap and PSU bank stocks. Auto and realty stocks are also recommended for short-term traders. Specific stock recommendations include KANSAINER and RADICO.
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%.