For some 6 counters from the largecap basket, the closing price has gone above last month’s high. This is a bullish indicator as it indicates that the stocks are moving upwards and have crossed the last month’s high.
The Nifty experienced a week of range-bound trading, closing slightly lower with a 0.53% loss. Facing resistance near the upper edge of a rising channel,
Sahajanand Medical Technologies (SMT) has filed for an IPO with SEBI to raise funds through an offer-for-sale of 27,644,231 equity shares. Prominent shareholders like Samara
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