ArisInfra Solutions introduces its Rs 500 crore IPO today. The IPO includes a fresh offer and closes on June 20. The price is Rs 210–222 per share. The company will list on BSE and NSE. Proceeds will repay debt, meet working capital needs, and invest in BuildMEX Infra. SBICAP notes aggressive pricing, while Bajaj Broking highlights growth potential.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to