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India’s markets regulator has put Sterlite Electric’s, the initial public offering (IPO) on hold, according to an update on the regulator’s website on Monday.
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India’s primary market pipeline is gathering pace with Sebi issuing observation letters to four more companies, effectively clearing them to launch their IPOs.
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Euro zone bond yields steadied near their highest in two weeks on Monday, as an apparent cooling in trade tensions between the United States and China drew investors away from safe-haven markets and into assets like equities and crypto.
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Wall Street’s main indexes notched record highs on Monday as expectations of a U.S.-China trade deal fueled risk-taking at the start of a week dominated by Big Tech earnings and a likely Federal Reserve rate cut.
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Coforge shares rose 4% after strong Q2 results, driven by robust deal wins, margin expansion, and revenue growth ahead of peers. Analysts raised 12-month targets by 5–7%, citing improved visibility and stable attrition.
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