It formed a small Bullish candle on daily scale but broke its higher lows formation of the last five sessions. Now, it has to cross and hold above 39,500 zones, for an up move towards 39,750 and 40,000, whereas supports are placed at 39,250 and 39,000 zones.
Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside
Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.