“While RBI is expected to hold rates, the global factors like the rising bond yields and higher interest rates have led to negativity in the banking space,” said Andrew Holland, CEO-Avendus Capital Alternate Strategies. “The support levels for the banking index are hovering over at 42,000 levels.” The Nifty Bank index closed at 43,964.
Godavari Biorefineries collects Rs 166 crore from anchor investors ahead of IPO
Godavari Biorefineries Ltd raised over Rs 166 crore from anchor investors including HDFC Mutual Fund and Goldman Sachs prior to its IPO. The IPO, including