The stake sale in ITC is good news also because BAT is now unlikely to sell more shares in near future for it doesn’t want its shareholding in ITC to fall below 25%. BAT’s ownership in ITC has now fallen to 25.5% from 29% earlier.
Can Nifty, Sensex extend gains after rallying up to 2% last week? 4 factors to watch on Monday
Indian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil prices above