Mon, Apr 29, 2024 1:34 PM
SME IPO index hits record high, up over 30% in April; 3 key factors to know
A Flip by Avya Verma
Nifty on Wednesday ended 17 points lower to form a high wave type candle on the daily chart. The index largely traded sideways and failed to generate any significant directional breakout. The short-term trend of Nifty continues to be up. Further consolidation or minor dip in the market is expected before showing further upmove. A sustainable move above the immediate resistance of 22,300 levels.
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Shares of Life Insurance Corporation (LIC) on Wednesday jumped more than 6 per cent after the firm said Sebi has granted an additional 3-year time till May 16, 2027, to comply with the 10 per cent public shareholding norm. The stock rallied 6.31 per cent to settle at Rs 989.80 apiece on the BSE. During the day, it climbed 7.31 per cent to Rs 999.15.
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Virat Kohli, the renowned Indian cricketer, has ventured into the world of startups and investments too. Under his ownership, some notable investments are📌Rage Coffee,📌Blue Tribe,📌Sport Convo,📌Universal Sportsbiz,📌Galactus Funware Technology Pvt Ltd,📌Digit, &📌Hyperpiece. Kohli has also launched his own startups, including 📌One8 Commune,📌Nueva, and📌Puma One8. [Source: Your Story]
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