Today, Waaree Energies shares are set to debut on the exchanges. With a grey market premium of Rs 1225, the stock is expected to list at an 81% premium over the issue price. The Rs 4321 crore IPO saw 76 times subscription. Investors are advised to consider long-term holding due to the company’s strong fundamentals and growth potential.
Tech View: Nifty’s weekly bullish engulfing candle signals strength; key resistance at 23,800. How to trade on Monday
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish