The index is attempting to fill last week’s downside gap, and the crucial support at the 200-DMA near 25,300 is likely to be tested in the near term, Jain added.
Investor enthusiasm surged on the final day of the National Stock Exchange’s landmark IPO, with qualified institutional buyers oversubscribing their segment by more than twelve
With regulatory approvals set to expire by the end of September, nearly twenty-four companies are racing against the clock to launch their initial public offerings.
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