Three IPOs, including one by Laxmi Dental, will open for subscription next week, aiming to raise substantial funds for debt repayment, capital expenditures, and other corporate purposes. Additionally, the SME segment will see IPOs from Kabra Jewels and EMA Partners becoming available for bidding soon.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across