A decisive move above the hurdle of 19,300 could open the next upside target of 19,600 levels in the near term. Further weakness from here could find support around 19,000-18,950 levels, said Nagaraj Shetti of HDFC Securities.
Investor enthusiasm surged on the final day of the National Stock Exchange’s landmark IPO, with qualified institutional buyers oversubscribing their segment by more than twelve
With regulatory approvals set to expire by the end of September, nearly twenty-four companies are racing against the clock to launch their initial public offerings.
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