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Wall ​Street’s ​main indexes opened higher ​on Wednesday as prospects of a ‌de-escalation ⁠in ⁠the Middle East ​conflict allayed some investor ​fears around prolonged energy supply disruptions.
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Market action was dominated by sharp moves in RPSG Ventures, Larsen & Toubro, and Fino Payments Bank as benchmark indices extended their winning streak.
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Economist John Kay distils investing into three timeless rules: pay less, diversify more, and be contrarian. These principles cut through market noise, emphasising valuation discipline, risk balance, and independent thinking. In volatile markets, their simplicity offers investors a resilient path to long-term wealth creation.
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Powerica IPO saw weak demand on day two, with 3% subscription and retail interest. Grey market premium remains negligible. The company aims to raise Rs 1,100 crore, with proceeds for debt repayment, while brokerages recommend long-term subscription despite modest growth.
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