Rohit Srivastava predicts the Nifty may drop to 23,300 eventually, but a counter-trend bounce to 24,770-25,000 is possible in the near term, with selling pressure likely to build up again in January-March. He advises a defensive approach, citing significant short positions and a mixed macroeconomic picture.
Open FlipC2C Advanced Systems IPO: The allotment status of C2C Advanced Systems IPO is likely to be out today, November 29. After a blockbuster demand for the public offer, investors are keenly awaiting C2C Advanced Systems IPO allotment status. Once the C2C Advanced Systems IPO allotment is finalised, applicants can check their allotment status online through the registrar’s website.
Open FlipPrabhudas Lilladher's research report on Mahindra and Mahindra. We attended the unveiling of M&M’s new BEVs based on its INGLO platform, namely, BE 6e and XEV 9e. Introductory models of the BEVs will feature 59kWh batteries, which shall provide a range of ~535-542km, while higher end of the vehicles shall feature 79kWh batteries with a range of ~656-682km.
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