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The markets showed persistent decline over the last week, with the Nifty index breaching key technical levels, including the 200-DMA and 50-week MA, ending significantly lower. This sets a bearish tone for the market, signaling potential prolonged weakness unless resistance levels are surpassed.
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News and Media
In the five trading sessions leading up to January 10, the Sensex declined by approximately 2.33%, or 1,844 points, closing at 77,378, despite losses in four of those sessions. ETMarkets highlighted five stocks with a market cap of over Rs 1,000 crore that showed consistent price increases during this period. (Data Source: ACE Equity)
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News and Media
OrbiMed-backed Laxmi Dental raised over Rs 314 crore from anchor investors before its IPO for public subscription. The anchor round included domestic mutual funds, insurance companies, and foreign entities. The IPO consists of a fresh issue of shares worth Rs 138 crore and an OFS by promoters and existing shareholders worth Rs 560 crore.
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News and Media
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