Indian stock markets saw gains for the fourth consecutive session on Monday. The Sensex and Nifty both closed higher, driven by strong performances from Reliance Industries and HDFC Bank. These companies saw a boost following their recent financial results. However, profit-taking in ICICI Bank limited the overall market surge. Investors reacted positively to the corporate updates.
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%.