Baba Ramdev-led FMCG company Patanjali Foods announced that the promoters will sell up to 9% stake through an offer for sale (OFS) at a floor price of Rs 1,000.
Tech view: Nifty closes below 25,900, forms long bear candle. How to trade tomorrow
A technical analyst, Nagaraj Shetti, believes that the Nifty index is likely to decline further in the near future. He points to the formation of