Produced by: Prashanti Mokatan
Designed by: Mohsin Shaikh
JSW Infrastructure IPO is set to close for subscription today (September 27). The JSW Infrastructure IPO price band has been set at Rs 113 to Rs 119 per share. JSW Infrastructure IPO GMP was Rs 18 on Sept 26. JSW Infrastructure shares will list on the BSE and NSE with the tentative listing date of October 6
PM Narendra Modi will be on a two day visit to Gujarat starting today (September 27). He will mark the celebration of 20 years of Vibrant Gujarat Global Summit today and later in the day, he will visit Bodeli, Chhotaudepur, where he will lay the foundation stone of projects worth more than Rs 5,200 crore
Valiant Laboratories IPO is set to open for subscription today (September 27) and close on October 3. The Valiant Laboratories IPO price band has been set at Rs 133 to Rs 140 per share. Valiant Laboratories shares will list on the BSE and NSE with the tentative listing date of October 9
“Nifty remained largely range-bound throughout the day as traders appeared uncertain. However, the short-term sentiment remains bearish as Nifty closed below the 21EMA. Looking ahead, the trend is expected to stay bearish as long as Nifty remains below the 19750 level. A support level is established at 19,600, below which the index may decline further towards 19,250,” said Rupak De, Senior Technical analyst at LKP Securities
“In a broader market perspective, both key indices displayed a bearish trend. If the Nifty index breaches the support level at 19,700, the next support is expected around the 19,600 to 19,500 range. Conversely, immediate resistance for the Nifty is situated at 19,800 to 19,850,” said Ameya Ranadive, Equity Research Analyst, Choice Broking
"The Bank Nifty index has remained in a consolidation phase, marked by the bulls defending the 45,500 level while the bears have established a hurdle around 45,000.To establish a trending move, the index must break out of this range on either side, providing a clear direction for the market.Currently, the index is trading below its 20-day moving average (20DMA), and a decisive move above this level could trigger positional buying on the long side, potentially changing the landscape of this consolidation phase,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
“Gold price has started trading below all three key averages of 50, 100 and 200-EMA on 4-hour chart placed at 58,936, 58,971, 59,025 respectively. These levels will be significant resistance levels. Key support would be at 58,354,” said Aamir Makda, Commodity & Currency Analyst, Choice Broking
The Indian Railway Catering and Tourism Corporation (IRCTC) is celebrating its 24th Foundation Day today (September 27). IRCTC has waived convenience fees for customers booking international and domestic flight tickets through its website from September 25 to September 27 as part of its Foundation Day celebrations. Notably, IRCTC’s Foundation Day coincides with World Tourism Day
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today