The upcoming interim budget and dim markets may impact the stocks related to defence, automobile, packaging, and insurance. Nifty’s performance has breached past three week’s low, indicating a potential stop on its bull run. The futures and options data in the Nifty derivative segment show some support at the current levels.
IFCI shares fall 4% on reports of lower price band for NSE IPO
IFCI shares fell sharply on Wednesday after reports suggested NSE could price its IPO below earlier indications and reduce the stake offered. The proposed price