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Is the bottom near for Nykaa shares? Here's what charts say

Shares of Nykaa have managed to hold ground above its all-time low despite multiple bouts of selling pressure from pre-IPO investors, thus raising hope for the bulls at the counter

Topics
Nykaa | PE investors | Market trends

Avdhut Bagkar  |  Mumbai 



Nykaa, beauty care products

FSN E-Commerce Ventures, the parent company of Nykaa, has been in the limelight amid negative flow. On Tuesday, private equity fund Lighthouse India offloaded stake in the company via block deals for the third time this month. Later in the day, the company informed exchanges that its chief financial officer (CFO) had resigned.

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First Published: Wed, November 23 2022. 12:17 IST

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