Methodhub Software is set to debut on the BSE SME platform on December 12. The company’s Initial Public Offering saw a robust subscription of 28.91 times. Despite this strong response, the grey market premium indicates moderate listing expectations. The IPO aims to raise funds for loan repayment, working capital, and expansion.Read More
The US dollar is weakening, heading for its third weekly drop as the Federal Reserve signals potential rate cuts next year, boosting the euro and sterling. Investors are uncertain about future US monetary policy due to unclear inflation and labor market trends.Read More
The S&P 500 and Dow Jones closed at record highs Thursday, driven by financial stocks after a less hawkish Federal Reserve. The Nasdaq lagged as Oracle’s AI spending concerns and weak forecasts caused its shares to tumble, fueling fears of an AI bubble. Market rotation favored cyclicals and small caps amid anticipation of global growth reacceleration.Read More
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