The IPO pipeline of small finance, microfinance and non-banking finance companies worth over ₹6,500 crore is bigger than the amounts raised by them annually in the past five years. At least eight such lenders have filed their draft documents for an IPO with the Securities and Exchange Board of India.
Tech View: Minor pullback rally likely in Nifty, crucial resistance at 24,750. How to trade on Monday
Tejas Shah, Technical Research Analyst at JM Financial & BlinkX, noted that Nifty has support at 24,100 and 24,000, with immediate resistance at 24,450-500 and