The Nifty’s recent surge above its 200-Day Moving Average signals a bullish trend among blue-chip stocks, though optimism isn’t universal. Axis Securities reports 226 of the top 500 stocks are trading above this key indicator, up from 95 in March.
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.