The Nifty index shows signs of a strong recovery after a long losing streak, supported by low sell volumes and oversold conditions. Market expectations are bullish with crucial resistance levels around 22,500, while Nifty Bank outperforms, indicating readiness to break its downward trend.
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.