Indian markets are nearing record highs. Traders anticipate a US trade deal as the next market trigger. Rahul Sharma suggests a potential shift from largecaps to midcaps after the deal. Midcap indices show strong technical patterns. GMR Airports and KFin Technologies are highlighted as midcap opportunities. The IT sector is also showing short-term strength driven by quarterly results.
NSE said to set modest fee for its $2.5 billion India IPO
The National Stock Exchange of India is setting a modest advisory fee of around 0.65% for its upcoming IPO, potentially totaling $16.25 million. This contrasts