Weekly options data suggest that the Nifty 50 is likely to trade in a broad range between 24,000 (where the maximum Put open interest is placed) and 25,000 (which has the maximum Call open interest) in the short term.
While listing costs on GIFT City are similar to SME IPOs, liquidity and regulatory clarity remain challenges as the market infrastructure evolves.
The uniform 26 percent shareholding in both companies will provide the bank with enhanced influence in the strategic direction of these insurance entities while maintaining compliance with regulatory ownership limits, according to the filing