Looking ahead, the short-term support level has been adjusted to 22,000 for the current week starting from April 1, underscoring the dynamic nature of market trends and the importance of vigilant analysis in navigating fluctuations.
Vishwas Agri Seeds operates in the agri sector, more specifically, in the business of processing seeds to supply to farmers. The seeds are sold under the brand name Vishwas
Overall, the first week ahead of the new financial year FY25 is expected to be positive for the market with focus on auto sales data, manufacturing & services PMI numbers, RBI interest rate decision, and expectations for March FY24 quarter earnings, experts said.
The momentum of the IPO is expected to continue this year as well with bigger deals. Investors are eager to tap stock market ahead of general elections. Sentiment towards new-age companies has improved as well, said Arvinder Singh Nanda, Senior Vice President, of Master Capital Services Ltd
Jay Kailash Namkeen IPO is a Rs 12-crore offer which has opened for susbcription today. The IPO is priced at 70-73 apiece. The firm is engaged in the business of manufacturing packaged Indian snacks.