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.
Shares of Godfrey Phillips India and ITC Limited moved higher after both cigarette makers increased prices across several product categories, passing on the impact...
