Blackstone-backed International Gemological Institute (IGI) India has set a price band of Rs 397-417 per share for its upcoming initial public offering (IPO), targeting a raise of Rs 4,225 crore. The three-day IPO will open for subscription on December 13 and close on December 17.
Tech View: Nifty forms Doji candle but crosses 200-DMA? What traders should do on Monday
Nifty crossed the 200-Day Simple Moving Average (23,860) but couldn’t sustain, forming a Doji candle on the daily chart. The weekly chart shows an inside