State Bank of India (SBI) initiated a ₹25,000-crore share sale to institutional investors, marking the largest equity capital raise by an Indian entity since 2015. The indicative offer price ranged from ₹806.75 to ₹831.70 per share, with participation expected from LIC, financial institutions, and international investors.
Negative Breakout: These 5 stocks cross below their 200 DMAs
In the Nifty200 pack, five stocks’ closing prices crossed below their 200-day moving averages (DMA) on October 23, according to technical scan data from StockEdge.