Traders can use the dip to create long positions in Nifty futures around 17,100 levels for targets of 17,600-17,750. One can use 16,900 as a stop loss for this long trade. On the sectoral front, we expect auto, banking, financials, power, and capital goods to outperform, while IT, FMCG, and metals can be the laggards.
Valiant Laboratories IPO fully subscribed on Day 3. Check GMP & other details
The offer, which is priced at Rs 133-140 apiece, is completely a fresh equity issue of 1.08 crore shares. Investors can bid for a minimum