Market expert Digant Haria observes India’s financial sector’s mixed performance. IndusInd Bank is consolidating post-turbulence, while life insurers are entering a market-linked returns phase. Reliance Industries faces limited upside due to scale and stake sales, and HDFC Bank needs more quarters to regain growth momentum.
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%.