Shares of Shubhshree Biofuels Energy made a robust debut on the NSE SME platform on Monday, opening at Rs 189, which is a 58.8% premium over the issue price of Rs 119. This strong start indicates solid investor interest, although the gains were slightly less than the 63% premium anticipated in the grey market prior to the listing.
Dalal Street Week Ahead: Selective Buying Favoured as Nifty Remains Range-Bound
Nifty remained range-bound, falling 0.47% to 24,252 amid subdued volatility. Resistance at 24,450–24,750 remains crucial, while 23,900–24,100 offers support. Analysts recommend selective, stock-specific positioning until