Indian equities saw modest gains in Samvat 2081 after a previous year’s rally, with domestic investors supporting the market amidst foreign selling. As Samvat 2082 begins, positive sentiment is returning, driven by hopes of GST simplification and RBI liquidity. Experts anticipate better returns this year, with opportunities in banking, consumption, and domestic-focused sectors.
Central Bank’s OFS draws 1.28x subscription
The government’s offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall