Analysts see scope for further gains in Indian equities as easing West Asia tensions, falling crude oil prices and renewed foreign inflows support market momentum.
The government's Offer for Sale (OFS) in NHPC Limited has opened for retail investors after receiving an overwhelming response from institutional buyers on the first day of bidding. The strong demand prompted the government to exercise the entire green shoe option, doubling the stake sale from 3 percent to 6 percent.