Currently trading at around ₹236, the newly listed JSW Infra has surged almost 100 percent jump from its IPO price of ₹119 in less than 5 months. Technical and fundamental experts suggest if you should still buy the infra stock.
While the benchmarks inched higher, trend in the broader market remained subdued. Analysts blame the frothy valuations in the small and mid-cap space after their recent bull run as the reason behind profit booking by investors.