Nifty closed higher for the third consecutive week, nearing its record high of 26,277. Analysts suggest banking, financials, and consumption-themed sectors like automobiles and FMCG are strong bets. Investors are advised to buy on dips, with cautious outlook for IT and media sectors.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an