The stock is trading above 9, 20, 100 and 200-SMA averages. On the upside, Rs 550 is an immediate susceptible area; above this, we are expecting a long run-up towards Rs 600 levels. On the downside, Rs 420 is the critical level.
IPO Buzz: Over a dozen firms, including Zepto set for debut next month
Next month is set to see a flurry of IPO activity as over a dozen companies plan to launch their share offerings. Collectively, these IPOs