In the T+0 settlement cycle, trades are settled on the same day they occur which means that the transfer of shares to the buyer’s account and funds deposited in the seller’s account happen on the same day of the trade.
In the Nifty200 pack, 10 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on June 23, according to stockedge.com’s technical scan data.
The IPO will remain open until June 26. It is a book-built issue with a price band of Rs 147-155 per share. The issue comprises
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