The government on Thursday said it has raised around Rs 2,100 crore from the share sale of state-owned Indian Railway Finance Corporation (IRFC), PTI reported.
“Combined with the institutional investors, 22.88 crore shares were sold to the minority shareholders over the two trading days for an estimated amount of Rs 2,084 crore. We thank all investors for their participation and for reposing their faith in us,” he said.
Prior to IRFC, the government has sold minority stakes in five other central public sector enterprises, banks and insurance companies, taking the total disinvestment proceeds to Rs 16,480 crore in the current fiscal, as per PTI.
BSE Sensex gained 109.25 points or 0.14 per cent to end at 77,100.47, while NSE Nifty50 advanced 34.35 points or 0.14 per cent to close at 24,056, respectively.
This came after the benchmark indices soared more than 1 per cent in the afternoon before erasing the earlier intra-day gains amid weakness in information technology, metal, oil, and gas stocks. Besides, profit booking in select sectors also trimmed gains toward the close. (With Agency Inputs)
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