Go Digit Insurance’s IPO was subscribed 50% on the second day of the bidding process. Retail portion was oversubscribed at 2.03 times, while non-institutional investors’ portion reached 0.48 times. Qualified institutional buyers’ participation awaited. IPO closes on May 17.
Tech View: Nifty forms red candle on daily chart, suggesting weakness. What traders should do on Friday
Nifty opened flat and traded within a narrow range, closing negatively at 24,205, noted Hrishikesh Yedve from Asit C. Mehta Investment Intermediates. He highlighted that