Indobell Insulation’s SME IPO opens from January 6 to 8, aims to raise Rs 10 crore by offering 22.5 lakh fresh equity shares at Rs 46 each. Proceeds will fund capital expenditure, working capital, and corporate purposes. The IPO is split equally between retail and non-institutional investors. Final allotment on January 9 and listing on January 13.
Tech View: Nifty faces resistance at 200-DSMA; staying below 23,930 may signal more downside.How to trade on Friday
According to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates, if the Nifty sustains above 23,460, a short-term pullback toward 23,800-23,900 is likely. However, resistance