Brigade Hotel Ventures IPO allotment is expected today. The IPO saw a subscription of 4.48 times. Retail investors subscribed the most at 6.4 times. Qualified institutional buyers bid 5.42 times. Non-institutional investors subscribed 1.92 times. The company will list on BSE and NSE on July 31. Allotment status can be checked on KFin Technologies and BSE websites.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to