While the downsides at open were expected given the direction of the previous days’ trend, the upswing thereof found support from the fact that the sluggishness had persisted through the week without major news break setting up conditions for mean reversion move.
Silver Storm Parks & Resorts Limited Successfully Concludes IPO
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.