The government has set the NTPC offer for sale (OFS) floor price at Rs 145 per share, 4.5 percent discount to its Wednesday's close.

The divestment secretary had said that the government is looking to raise Rs 12000 crore from the NTPC stake sale.

What to expect from the market now?

Market may consolidate at lower levels. FII’s have been buying as though there is no tomorrow. FIIs have purchased shares worth over 30000 crores in 2013 so far. We expect the shopping to continue if the reforms are addressed in the budget. Today Bharti airtel may gain as the stock has corrected significantly from its high.