Oil prices edged higher as U.S.-China trade tensions showed signs of easing, boosting market sentiment and alleviating concerns over global fuel demand. Despite recent setbacks, both nations are reportedly engaged in substantial communications, with a potential meeting between leaders later this month.Read More
The dollar held steady as President Trump’s softened rhetoric on China tariffs and a potential meeting with Xi Jinping eased trade tensions. This de-escalation boosted the dollar, impacting other currencies like the euro, sterling, and New Zealand dollar. Meanwhile, lingering political uncertainty in Japan kept the yen near eight-month lows despite interest rate differentials suggesting a potential strengthening.Read More
Mittal Sections’ Rs 52.9 crore SME IPO has closed with moderate investor interest. The company is set to list on the BSE SME platform on October 14. Retail investors showed strong participation, while other categories were less enthusiastic. The grey market indicates a muted debut. Funds raised will support capacity expansion and working capital.Read More
Rubicon Research’s Rs 1,377 crore IPO concluded with strong investor demand, oversubscribing 109.35 times. The share allotment is scheduled for October 14, with the company set to list on the BSE and NSE on October 16. The pharmaceutical firm’s robust financial performance and differentiated product portfolio are driving positive market sentiment.Read More
Canara Robeco AMC’s IPO share allotment is expected today following a robust investor response, with the issue set to list on October 16. The IPO was subscribed 9.74 times overall, driven by strong demand from Qualified Institutional Buyers. Investors are keen to check their allocation status online via the registrar or BSE portal.Read More
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