Mon, Apr 29, 2024 11:36 AM
In the Market: Economic surprises are messing with the market's favorite
A Flip by Riya Sharma
Piotex Industries IPO: The allotment for the issue that received a strong response is likely to be finalised soon. The SME IPO that opened for subscription on Friday, 10 May 2024, had been subscribed 107.44x. The Cameo Corporate Services is the IPO registrar and hence investors can check for allotment of Piotex Industries shares on the the official site of Cameo Corporate Services or the BSE Site.
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Healthcare provider Narayana Hrudayalaya, also known as Narayana Health, has purchased more than 1.2 acres of land in Bengaluru for Rs 169 crore, data from Propstack showed.Situated in Begur Hobli in south Bengaluru, the land sprawls about 52,272 square feet. The seller is Venture Projects Bangalore Private Limited, a private company and the sale deed was signed on March 1, 2024.
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The Nifty 50 snapped a three-day winning streak and settled the volatile session with moderate losses on May 15, but the the index faced resistance at 22,300 for yet another session during the day. Hence, if the index manages to give a decisive close above 22,300 then the rally may get extended towards 22,500-22,600 levels, the next hurdle area for the index, with support at 22,100-22,000 mark.
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