A total of 11,156 shares changed hands on the counter till 11:50AM (IST).

The Relative Strength Index of the stock stood at 72.17 on Wednesday.

“On the technical front, the key resistance levels for Nifty50 are 18,100 followed by 18,200 and on the downside 17,850 followed by 17,800 can act as strong support,” said Mohit Nigam, Head - PMS, Hem Securities.

“We are not just an aggregator, we are an accelerator of brands. Mensa means constellation. We are trying to build a constellation of stars. Each of our brands is a star.”

Gold futures on MCX were trading marginally higher by 0.11 per cent or Rs 53 at Rs 49,090 per 10 grams. Silver futures were up 0.27 per cent or Rs 179 at Rs 66,413 per kg.

Go Fashion IPO is a mix of issuance of fresh equity shares worth Rs 125 crore and offloading of stakes by promoters and shareholders of 12,878,389 equity shares worth Rs 888.6 via the offer for sale (OFS) route.

The Nifty Bank index was trading 0.31 per cent up at 38427.7.

A total of 16,462 shares changed hands on the counter till 10:31AM (IST).

Promoters held 38.4 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 37.77 per cent and 10.96 per cent, respectively.

Berger Paints (India) Ltd., incorporated in the year 1923, is a Large Cap company (having a market cap of Rs 77912.43 Crore) operating in Building Materials sector.