Nifty shows signs of an upside bounce, forming a double bottom pattern around 24,700 levels. A move above 25,000 could lead to 25,400-25,500 resistance levels. Analysts suggest a ‘buy on dips’ strategy as long as support at 24,690 holds.
Ather Energy IPO crosses the line in final hours of Day 3; retail portion booked 1.55 times
Ather Energy’s Rs 3,000-crore IPO achieved full subscription on its final day, driven by strong institutional demand, although grey market signals remained weak. Retail investors