Sanstar’s shares debuted on exchanges after a highly subscribed IPO. Expected to list at a 32% premium, the company planned to use the proceeds for expansion, debt repayment, and other needs. Sanstar, a major producer of plant-based specialty products in India, recorded considerable revenue and profit growth.
Tech view: Nifty forms Doji candle; a break below 23,500 likely to push index lower. How to trade on Monday
The 23,500-23,540 range serves as an immediate support zone for the index. A decisive break below 23,500 could lead to a further drop to the
November 14, 2024