The asset managers, among the biggest investors in recent IPOs, have told Bengaluru-based Zepto’s representatives in recent discussions that they would not be comfortable subscribing to the issue even at the lower valuation being considered by the company, three people familiar with the matter told ET.
F&O Talk: 23,050 key Nifty support; Sudeep Shah outlines Tata stocks strategy, names 5 picks
Nifty’s 23,000-23,050 zone remains a crucial support as the index navigates a prolonged correction, while 23,500 is the key hurdle. SBI Securities’ Sudeep Shah outlines