Prasol Chemicals, which filed its preliminary IPO papers with the regulator in April, obtained its “observation” letter on August 23, an update with the Securities and Exchange Board of India (Sebi) showed on Monday.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to