The short-term trend of Nifty remains positive with range-bound action. A decisive break below the support of 21,900-21,850 is likely to drag the index down to 21,500 levels in a quick period.
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain
India’s IPO market is set for another crowded week, with 16 issues opening for subscription across the mainboard and SME segments. The lineup is led
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