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MARKET EYE-Indian public sector stocks rally ahead of govt stake sales
February 11, 2013 / 9:53 AM / 5 years ago

MARKET EYE-Indian public sector stocks rally ahead of govt stake sales

* Shares of MMTC Ltd and Hindustan Copper Ltd
 rally on hopes of good demand in the upcoming stake
sales by the government. 
* NTPC Ltd and Oil India's share sale
attracted good response from investors 
 
* As of 31 Dec. 2012, the government held 99.33 percent stake in
MMTC and 94.01 percent in Hindustan Copper.
* MMTC shares up 16.9 percent, Hindustan Copper rises 11.5
percent while State Trading Corporation of India gains
16.7 percent.

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)

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