Top stock picks for today: "There's a lot of activity going on currently in mid- and small-cap counters. If NSE Nifty holds 19,300, then we could see 19,500-19,600 levels to an outer extent of 19,700," Mileen Vasudeo told BT TV on Wednesday.
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TVS Supply Chain IPO: The company sold its shares in the range of Rs 187-197 apiece. A minimum bid consisted 76 equity shares and in multiples thereafter. The initial offering included a fresh equity share sale of Rs 600 crore.
Mileen Vasudeo of Arihant Capital Markets says that with Bank Nifty, it is now showing signs of weakness. Now this week Bank Nifty has nearly closed below the 50-day SMA which is a sign of weakness and the 50-day SMA is at 44821.
TVS Supply Chain Solutions provides supply chain management services for international organizations, government departments, and large and medium-sized businesses.