NTPC Green Energy, a subsidiary of NTPC, has initiated its IPO, aiming to raise Rs 10,000 crore. The IPO opened for subscription on November 21st and closed on November 22nd. The company has already secured Rs 3,960 crore from anchor investors, pricing the shares at Rs 108 each.
Tech View: Nifty forms hammer candle; rebound from 23,500 offers hope. How to trade on Thursday
The Nifty’s short-term trend remains weak, but a smart recovery near 23,500 levels suggests a potential upside bounce. A sustained move above 23,800 levels could