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The government plans to sell 5 per cent (427.77 million shares) through the follow-on public offer (FPO) that will open on July 5 and close on July 8.

The shares of the country's largest telecom player fell 4.65 per cent to touch an early low of Rs 352.40 on BSE and 4.74 per cent to Rs 352.20 on NSE.
Two-wheeler major Hero Honda Motors fell by over 3 per cent in morning trade on the Bombay Stock Exchange ahead of its quarterly results.
As volumes on the Indian equity derivatives market rise, here is a lowdown on how the futures and options segment can help you build your portfolio.
Defying the sluggish broader market sentiment, the company's scrip went up 3.76 per cent to touch an early high of Rs 62 on the Bombay Stock Exchange.
Planning to go IPO hunting this year? Here are some tips to make sure that you are not handed a raw deal by the IPO-issuing company.
Shares of Jet Airways fell little over 5 per cent on the NSE today after the company was directed by the Bombay High Court to pay Sahara India Rs 478 crore.
Continuing its rally for the fourth straight session, shares of SKS Microfinance spurted by 5 per cent on Thursday amid a flattish broader market sentiment.
Spotting multi-baggers is no doubt a herculean task for the retail investor. The best strategy is to stay invested in stocks with sound fundamentals.
Short-term investors, chasing listing gains, often ignore IPO grades. But investors looking for sustainable long-term returns should not do so.
Shares of RIL on Wednesday closed lower by 1.56 per cent on BSE after Goldman Sachs downgraded the ratings of the stocks of the country's most valued firm.