“We will probably hit record high before Diwali but the short term is very difficult to predict. In the near term, we might see a small correction before going up again,” says market expert Abhishek Basumallick, who runs equity research firm Intelsense.
Shapoorji Pallonji Group’s flagship firm, Afcons Infrastructure, files DRHP to raise Rs 7,000 crore via IPO
According to the draft papers, the IPO, with a face value of Rs 10 per equity share, is a mix of fresh issue of shares