Nifty fell over 5% weekly amid Iran-Israel/US tensions, with Bank Nifty and Auto leading declines. Sudeep Shah highlights key support-resistance levels, sector rotation strategies, and defensive plays in FMCG, Pharma, and CPSEs to navigate high volatility. Investors are advised to avoid bottom-fishing and wait for stabilisation signals.
SBI Funds reduces IPO size to Rs 9,813 crore after pre-offer placement. Will it impact listing gains?
SBI Funds Management has cut its IPO size to Rs 9,813 crore from Rs 11,693 crore after raising Rs 1,655 crore through a pre-IPO placement