Benchmark indices surged for the seventh consecutive session, fueled by strong buying in IT, auto, and pharma stocks. LTIMindtree shares rallied 5%, while Axis Bank fell 0.89% and Hindustan Unilever rose 1%. Analysts recommend monitoring key support and resistance levels for potential breakouts and reversals in these stocks.
NSE IPO closes with 5.71x subscription, bids cross Rs 90,000 crore
Investor enthusiasm surged on the final day of the National Stock Exchange’s landmark IPO, with qualified institutional buyers oversubscribing their segment by more than twelve