Despite India’s strong 8.2% GDP growth, markets showed muted reaction as optimism was largely priced in. Geopolitical tensions and trade uncertainties are keeping investors cautious, while a weaker rupee benefits exporters but poses inflation risks. Infrastructure, pharma, and IT services are identified as key sectors to watch.
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%.