As 2024 enters its final phase with just three trading days remaining, its a busy day at the exchanges with 6 listings scheduled today. Among these 6 public issues making their debut on the Indian bourses, the two mainboard issues that are at the center of everyone's attention is - DAM Capital Advisors and Mamata Machinery.
Open Flip📌IndusInd Bank lender has announced the sale of its microfinance institution (MFI) retail loan pool. 📌Gensol Engineering has secured an EPC contract worth Rs 897.47 crore from NTPC Renewable Energy Development. 📌Power Mech Projects has secured a Rs 186 crore order from Jaiprakash Power Ventures. 📌Jubilant FoodWorks has entered into a Memorandum of Understanding (MoU) with Coca-Cola India.
Open Flip📌For traders now, the immediate breakout level for Nifty is 23,850, or the 200-day SMA. 📌For Bank Nifty, the 200-Days Simple Moving Average (200-DSMA) is placed at around 50,560. 📌A combination of thin holiday trading and weak global cues kept investors on edge. 📌Stocks to buy: InterGlobe Aviation Ltd (Indigo), Man Infraconstruction Ltd , Union Bank of India, HPCL.
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