Indian market likely to trade lower on Wednesday with Nifty future closing negative at 22,925 levels. India VIX up by 4.36%. Options data suggests broader trading range between 22,500 to 23,300 zones.
Despite Friday’s recovery attempt, technical charts are painting a cautious picture for Nifty in the coming week. Anand James, Chief Market Strategist at Geojit Investments
Hero FinCorp, the financial services division of two-wheeler manufacturer Hero MotoCorp, has raised Rs 260 crore in a pre-IPO placement round.
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