Market LIVE Updates: Indices move higher, with the Nifty crossing the 17,000 mark; IT, real estate, and PSU banks are in the spotlight.

We advise you to record a profit in the IPO of Medplus Health Services Limited. The company is trading at 37 times EV/EBITDA and 3.4 times price to sale, according to H1FY2022 statistics.

We believe that all of the short-term benefits have already been factored in. As a result, we propose that you book profits in the Medplus Health Services Limited IPO at Rs 1100, and we have given the IPO a subscribe rating.
While volatility remained above 17000, benchmark indexes were trading higher.


At 57320.02, the Sensex was up 389.46 points, or 0.68 percent, while the Nifty was up 112 points, or 0.66 percent, at 17067.50. About 2090 shares have risen, 980 have fallen, and 92 have remained constant.

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