Overall shorts are coming out of the system, short-covering action is there in the market today, and we expect that upside momentum is likely to continue in the coming trading session. So, one should remain long with a stop loss, as mentioned, like 16,950 for Nifty and 38,400 for Bank Nifty.
Is the grey market premium misleading? Decoding the valuation gap in HDB Financial’s IPO
HDB Financial Services’ upcoming IPO, valued at ₹12,500 crore, sees its grey market premium cooling down, signaling a shift from earlier exuberance. While unlisted shares