Virtual Galaxy Infotech shares debuted on the NSE SME platform with a 26.76% premium, listing at Rs 180. The IPO, priced at Rs 142, was oversubscribed 200 times, driven by non-institutional interest. Proceeds will fund expansion, debt repayment, and product enhancement.
Negative Breakout: These 7 stocks cross below their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 4, according to stockedge.com’s technical scan data.