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Atria is likely to raise about $250-300 million (₹2,000-2,300 crore) and the financing will likely value the company in the $800 million-$1 billion range (₹6,000-7,500 crore).

It is evident that the markets are scrambling to find a potential base for themselves; given the addition of fresh shorts over the past four sessions, a strong technical pullback at any point in time cannot be ruled out. It is recommended that creating fresh shorts in such markets must be avoided as short traps can occur at any time.

The fund house acquired 16 lakh shares at Rs 360 per share and another 16 lakh shares of Rs 364.97 per share.

The company opened only 29 screens across 5 properties in FY22

The cryptocurrency has dropped 13% so far in May and has lost more than half its value since it hit an all-time high of $69,000 in November last year.

The dollar has risen for five straight weeks as U.S. Treasury yields have climbed on expectations the Fed will be aggressive in attempting to tamp down inflation.

Shares of pediatric and gynaecology hospital chain are exchanging hands at a discount of Rs 10 per equity share in the unofficial market, compared to its issue price of Rs 542 apiece. The volume on the counter also remains thin, according to grey market trackers.

Disinvestment Secretary Tuhin Kanta Pandey Monday said the public issue of Life Insurance Corp is a success and is optimistic about listing day gains.

To be sure, the rupee may have fallen to record lows, but the currency still remains a relative outperformer among Asian emerging market peers, especially when compared with China. The Yuan has fallen 5.52% this year. The rupee lost more than 4% to the dollar this calendar year, ranking sixth among Asian peers.

“With regards to the Nifty Bank index, 34,500 could be the breakout level and above the same, we might see some relief for the banking stocks.”