Auto sales are showing strong growth, with experts attributing the surge to recent GST cuts. Companies like Maruti Suzuki, M&M, and TVS Motors are standout performers, with expectations of double-digit growth continuing. Promoter block sales in IPOs have had a muted impact, with responsible divestments supporting market stability.
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%.