On the other hand, on the lower time frame charts, the Nifty has created a potential top at 17500 levels. This level is likely to act as resistance unless it is taken out comprehensively. Until this happens, one can expect profit-taking bouts from higher levels. In the same breath, one also needs to keep in mind that while the markets continue to remain prone to consolidation, they may stay range-bound with limited downsides.
KSH International IPO: Pune-based wire company files DRHP with Sebi to raise Rs 745 crore
Pune-based KSH International has filed a DRHP with SEBI to raise Rs 745 crore via IPO, comprising a Rs 420 crore fresh issue and Rs