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Experts believe that with a sharp one way rally so far, the markets are due to correct
Morgan Stanley prefers consumer discretionary and financials while avoiding the technology and healthcare sectors.
The price band for Sigachi IPO has been fixed at Rs 161 – 163 per share having a face value of Rs 10 per share.
Gemstone Equity Research is bullish on Biocon with a price target of Rs 352 per share.
Asian stocks are trading mixed as investors monitor stocks of Apple suppliers after the tech giant's revenue miss.
On the upper end of the price band, the issue is valued at a P/B (Price to book value) of 31.89x based on FY21 book value
The broader market also witnessed sell off. The S&P BSE Mid-Cap index fell 1.38% while the S&P BSE Small-Cap index declined 1.56%.
Nykaa offer alone may see bids worth anything between Rs 80,000 -Rs 90,000 crore in the HNI category, says a report
Paytm IPO opens on November 08 and closes on November 10. The fintech has fixed the price band at Rs 2,080-2,150.
Dolat Capital continues to maintain its positive view on the stock with an accumulated and price target of Rs 1,040 per share.