Rohit Srivastava suggests the market is holding gains with sector rotation, eyeing 25,300 on the Nifty. Key levels to watch are 24,494 for Nifty and 54,800 for Bank Nifty, with a potential breakout above 55,650 targeting 58,000-60,000. He favors NBFCs and oil marketing companies, noting better midcap earnings and a bullish outlook on pharma stocks.
Snapdeal parent AceVector raises Rs 189 crore from anchors; Negen, Singularity among top investors
In a significant move, AceVector, the owner of Snapdeal, has successfully garnered Rs 189 crore from anchor investors for its upcoming IPO, scheduled to open