Arkade Developers IPO share allotment expected on September 20: Steps to check status online

Arkade Developers aimed to raise ₹410 crore through its IPO, which comprised a fresh issue of 3.2 crore shares.

Arkade Developers aimed to raise ₹410 crore through its IPO, which comprised a fresh issue of 3.2 crore shares.

Investors who participated in the Northern Arc Capital IPO can check the allotment status on the websites of BSE, NSE and the issue registrar, Kfin Technologies Limited.

The public offer was booked over 30.57 times with bids for more than 63.22 crore shares as against 2.08 crore shares on offer.

Layoffs that impacted 2% of its workforce and a $2 billion cost-cutting plan dented morale and left employees questioning if Donahoe was the right person to meet the moment.

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 25,415.80, while Sensex ended at 83,184.80.

Equities opened higher in Japan and Australia, while Hong Kong share futures also climbed. A gauge of global stocks set a fresh peak alongside US shares Thursday. The S&P 500 rose 1.7% and the Nasdaq 100 added 2.6%.

West Texas Intermediate traded near $72 a barrel, and was up almost 5% for the week. Brent closed below $75 on Thursday.

US large caps have outperformed small caps in the year following the first rate cut in four of the previous six instances. Small caps outperformed, counterintuitively, into the 2001 and 2008 recessions.

FedEx is considered an economic bellwether due to its wide exposure to industries stretching across the global economy, from retail to manufacturing.

Shares of Phoenix Mills Ltd ended at ₹3,525.90, up by ₹80.95, or 2.35% on the BSE.