Afcons Infrastructure’s IPO was only 18% subscribed on day two. Analysts recommend long-term investment, citing a strong business model despite challenges like low profit margins and government dependency.
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