Afcons Infrastructure IPO GMP: The initial public offering (IPO) of Afcons Infrastructure, a Shapoorji Pallonji company, opened for subscription on Friday and will close on October 29. The offering includes a fresh issue of shares valued at Rs 1,250 crore and an OFS of up to Rs 4,180 crore by promoter. Current GMP of Afcons is Rs 60, indicating a premium of 13% to the issue.
Tech View: Minor pullback rally likely in Nifty, crucial resistance at 24,750. How to trade on Monday
Tejas Shah, Technical Research Analyst at JM Financial & BlinkX, noted that Nifty has support at 24,100 and 24,000, with immediate resistance at 24,450-500 and