Technically, having closed at an 8-week low, Nifty formed a bearish candlestick pattern on weekly time frame with crucial support at 17,650-17,680. A breakdown below this zone could attract further selling pressure towards the 200-DMA at 17,200-17,250, while resistance on the upside is seen at 18,050-18,100.
Corporates rush to raise over Rs 17,000 crore as yields ease
Corporate debt issuances have seen significant growth as many companies seek to capitalize on favorable borrowing conditions. The aggregate debt proposed to be raised this