The Nifty50 formed a triple bottom around 22,780 on the daily scale, indicating strong support. However, the red candle on both the daily and weekly charts signals a lack of strength in the upside recovery, according to experts.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000