Vedanta’s demerger hits roadblocks; analysts flag bearish trend
Anil Agarwal's plan to split Vedanta into six firms to unlock ₹1 lakh crore value faces hurdles after SEBI and govt objections. The Sterlite copper unit's closure also forced revisions. Analysts said shares formed a bearish pattern, with support at ₹425-₹420 and downside risk to ₹400 if weakness persists. Retail sentiment stayed 'bullish'.