Gaurav Ratnaparkhi, Head of Technical Research at Sharekhan, said the index oscillated around the key hourly moving averages and the 20-DMA. “Ultimately, it formed an Inside Bar pattern on the daily chart. The overall structure shows that the index is in short-term consolidation since the last couple of weeks and that is likely to continue going ahead,” he said.
Manipal Hospitals is said to plan $1 billion IPO in July
Manipal Health Enterprises is likely to launch its IPO as early as next month, targeting a valuation of around $10 billion. Backed by Temasek, the