Om Mehra, SAMCO Securities, notes that Nifty’s daily chart shows a bullish hammer pattern, hinting at a trend reversal. After consolidating around 23,150–23,200, the index seems poised for an upward move. Positive RSI divergence and a narrowing MACD histogram indicate reduced bearish pressure, supporting potential consolidation or a minor pullback before further gains.
Sebi returns draft IPO papers of Anand Rathi Share and Stock Brokers
Jan 20 Sebi has returned the draft IPO documents of Anand Rathi Group’s brokerage arm Anand Rathi Share and Stock Brokers, which proposed to raise
January 20, 2025