The public offering, which closes on April 22, has been priced in the band of ₹10-11 apiece, which is 17-29% below the stock’s Tuesday closing price of ₹12.9. Financial markets were shut on Wednesday for Ram Navami.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to