Punjab & Sind Bank has set the floor price at Rs 40.38 per share to raise Rs 2,000 crore through Qualified Institutional Placement. The board approved the preliminary placement document and may offer a discount of up to 5 per cent on the floor price as per Sebi regulations.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty200 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on June 25, according to stockedge.com’s technical scan data.