Nifty is expected to consolidate, finding support around 24,500, with a potential upside towards 25,600 if it decisively breaks above 25,200. Technical analysts suggest that sectors like chemicals, capital goods, metals, real estate, and banking & financial services may show resilience. Stocks including HDFC Life, ICICI Bank, and Tata Chemicals are anticipated to exhibit bullish momentum for short-term trading.
Silver Storm Parks & Resorts Limited Successfully Concludes IPO
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.