Kross Ltd has secured Rs 150 crore from 19 anchor investors ahead of its IPO. The company plans to raise Rs 500 crore through a fresh equity sale and an offer for sale by promoters. The funds will be used for capital expenditure, debt repayment, and working capital needs.
Tech view: Nifty breaks 25,500 resistance, forms long bull candle. How to trade on Monday
Nifty’s short-term trend is strongly bullish after Friday’s significant surge. A brief consolidation or pause is possible before further upward movement. The next upside target,