Nifty’s short-term trend remains weak within a range. A breakout above 23,400 is crucial to trigger fresh buying interest, while immediate support stands at 23,100, according to Nagaraj Shetti of HDFC Securities. Traders should watch for a decisive move to gauge market direction and plan strategies accordingly.
Jio IPO breaks multiple records: From fundraising to investor demand, how the mega issue rewrote India’s IPO history
The issue set records across fundraising, anchor investor demand and applications, while attracting the highest qualified institutional buyer (QIB) subscription among India’s five largest IPOs.