Hyundai IPO GMP Today: Hyundai India’s IPO opens tomorrow with shares trading at a 3% premium over the issue price in the grey market. The automaker’s parent, Hyundai Motor Global, will offload 17% stake. Despite a lower GMP, Hyundai aims to use proceeds for innovation and R&D.
Tech view: Nifty faces resistance from short-term moving averages, forms small negative candle. How to trade tomorrow
After acting as support for months, the 10 and 20-day exponential moving averages (EMAs) have recently been breached. These EMAs now pose resistance around 25,150-25,200,