Oil has lost more than half its value since June last year when the commodity was sitting at more than $ 100 a barrel
The government has decided to sell up to 10% stake in Coal India will announce the floor price today after the close of market hours.
Net profit for the quarter ended December 2014 slumped 86% to Rs 2.6 crore compared with Rs 19 crore in the same quarter last fiscal.
In majority of the past instances when big offers hit the market, broader indices corrected 2-4%
Experts say a robust secondary market and ample liquidity could provide PE investors a window to cash out through IPOs