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Share Market highlights: Even as BPCL disinvestment is on fast track with the cabinet expected to clear the strategic stake sale in two weeks, oil giant Saudi Aramco is reportedly eyeing stake in the firm. BPCL share price closed 4.3% higher at Rs 511.35 on NSE. Saudi Aramco may be in the fray to buy out Indian government’s stake of Bharat Petroleum, as it gives the oil giant an opportunity to pierce into one of the world’s biggest oil retail markets, as per media reports. The Sensex closed the session 93 points up at 38,599, while the Nifty ended near the 11,500-mark. The IMF on Tuesday cut India’s GDP growth projection for the year 2019 to 6.1 per cent, which is 1.2 per cent down from its April projections. The International Monetary Fund (IMF) in April said India will grow at 7.3 per cent in 2019. We bring to you highlights.
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