Breakout Next trend
Nykaa is an Indian e-commerce company, founded by Falguni Nayar in 2012 and headquartered in Mumbai. It sells beauty, wellness and fashion products across websites, mobile apps and 84 offline stores. In 2020, it became the first Indian unicorn startup headed by a woman.
Nykaa, the High Growth listed at whopping Gain of approx 86% yesterday.
Managed to close in green as well and upside momentum may continue for a few trading as well.
Those who played for listing gain and got lucky at the allotment, may book some profit or trail some with a stop loss below 2000 levels.
Currently, it is difficult to take fresh positions in the...
