Nifty faces bearish sentiment, with support at 23,000, and Bank Nifty potentially drifting toward 48,000. TCS shows positive momentum post-results, while midcaps may see further pressure. For the week, buy UNOMINDA, IRCTC; sell HAL.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000