Author: Gaurav
Aadhar Housing Finance IPO is a book built issue of Rs 3,000.00 crores. The issue is a combination of fresh issue of 3.17 crore shares aggregating to Rs 1,000.00 crores and offer for sale of 6.35 crore shares aggregating to Rs 2,000.00 crores. Aadhar Housing Finance IPO opens for subscription on May 8, 2024 and closes on May 10, 2024. The allotment for the Aadhar Housing Finance IPO is expected to be finalized on Monday, May 13, 2024. Aadhar Housing Finance IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, May 15, 2024. Aadhar Housing Finance…
TBO Tek IPO is a book built issue of Rs 1,550.81 crores. The issue is a combination of fresh issue of 0.43 crore shares aggregating to Rs 400.00 crores and offer for sale of 1.25 crore shares aggregating to Rs 1,150.81 crores. TBO Tek IPO opens for subscription on May 8, 2024 and closes on May 10, 2024. The allotment for the TBO Tek IPO is expected to be finalized on Monday, May 13, 2024. TBO Tek IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, May 15, 2024. TBO Tek IPO price band is set…
Indegene IPO is a book built issue of Rs 1,841.76 crores. The issue is a combination of fresh issue of 1.68 crore shares aggregating to Rs 760.00 crores and offer for sale of 2.39 crore shares aggregating to Rs 1,081.76 crores. Indegene IPO opens for subscription on May 6, 2024 and closes on May 8, 2024. The allotment for the Indegene IPO is expected to be finalized on Thursday, May 9, 2024. Indegene IPO will list on BSE, NSE with tentative listing date fixed as Monday, May 13, 2024. Indegene IPO price band is set at ₹430 to ₹452 per…
Shares of JNK India are set to make a strong debut at Dalal Street on Tuesday, April 30 and if it goes by the current trends from the grey market, the company may deliver a strong listing pop in its maiden trading session. The company is witnessing a strong demand in the unofficial market. JNK India IPO is a book built issue of Rs 649.47 crores. The issue is a combination of fresh issue of 0.76 crore shares aggregating to Rs 300.00 crores and offer for sale of 0.84 crore shares aggregating to Rs 349.47 crores. JNK India IPO bidding…
Global Markets US markets: 40 points on the Dow Jones +6 points for Dow futures Markets in Asia: Mixed GIFT Nifty: (adjusted) +44 points Data Analysis Cash Market F&O FII : -85cr Nifty PCR: 0.98 vs 1.07 DII : +525cr Highest OI (09-Nov-23): Net : +440cr 19600CE & 19300PE Technical Outlook Nifty (Spot) The 19500–19550 crucial resistance zone is drawing near for the Nifty. An immediate support level is represented by 20-DMA of 19390; 19200 is the next support level below this. Only above the 19550 level is a significant upswing anticipated. Bank Nifty (Spot) At 43500, the Banknifty has…
Global Markets US markets: +56 points on the Dow Jones Futures on the Dow: -9 points Markets in Asia: Mixed GIFT Nifty: (adjusted) +44 points Data Analysis Cash Market F&O FII : -497cr Nifty PCR: 1.07 vs 1.14 DII : +700cr Highest OI (09-Nov-23): Net : +203cr 19500CE & 19300PE Technical Outlook Nifty (Spot) This resistance zone, 19440–19460, is close to the Nifty. A brief covering move towards 19550 is anticipated over 19460. 19220 is a major support level while 19330 is an immediate support level. ‘Buy on dip’ is still the general texture. Bank Nifty (Spot) The Banknifty closed…
Global Markets US markets: +35 points on the Dow Jones Futures for the Dow: -67 points Asiatic markets: unfavorable GIFT Nifty: (Adjusted) -24 points Data Analysis Cash Market F&O FII : -549cr Nifty PCR: 1.14 vs 0.96 DII : +596cr Highest OI (09-Nov-23): Net : +47cr 19500CE & 19300PE Technical Outlook Nifty (Spot) This resistance zone, 19440–19460, is close to the Nifty. A brief covering move towards 19550 is anticipated over 19460. 19220 is a major support level while 19330 is an immediate support level. ‘Buy on dip’ is still the general texture. Bank Nifty (Spot) The Banknifty closed above…
Global Markets US markets: +222 points on the Dow Jones Dow futures: unchanged Asian markets: Complementary GIFT Nifty: (adjusted) +140 points Data Analysis Cash Market F&O FII : -12cr Nifty PCR: 0.96 vs 1.01 DII : +400crcr Highest OI (09-Nov-23): Net : +390cr 19300CE & 19200PE Technical Outlook Nifty (Spot) The first obstacle following a gap-up opening is 19333. The crucial resistance zone will be from 1944 to 1946. 19220 will serve as a pillar following an opening gap. Although the outlook will not change, trading will be challenging following a gap-up opening. Bank Nifty (Spot) 43600 will be a…
Global Markets US markets: +564 points on the Dow Jones Next week’s Dow: +38 points Asian markets: Complementary GIFT Nifty: (adjusted) +110 points Data Analysis Cash Market F&O FII : -1261cr Nifty PCR: 1.01 vs 0.82 DII : +1380cr Highest OI (09-Nov-23): Net : +119cr 19500CE & 19000PE Technical Outlook Nifty (Spot) GIFTS With the Nifty displaying a 110-point lead, the first obstacle will be 19425, and the second one will be 19550. The first will be 19160, with 19050 serving as a crucial support level. Bullish in outlook, buy-on-dip or consolidation strategy until Nifty closes above 19050. Bank Nifty…
Global Markets US markets: -251 points on the Dow Jones Dow futures: up 112 Asiatic markets: unfavorable GIFT Nifty: (adjusted) +17 points Data Analysis Cash Market F&O FII : -7703cr Nifty PCR: 0.82 vs 0.67 DII : +6558cr Highest OI (02-Nov-23): Net : -1145cr 19000CE & 18800PE Technical Outlook Nifty (Spot) Although the structure is weak, a bounce is anticipated near the 200-DEMA because the market is oversold. The first hurdle will cost 19000, while the second hurdle will be 19200. The next support level will be 18600 if it is below 18800. Bank Nifty (Spot) While still weak, the…
