The U.S. dollar strengthened as Middle East war hopes dimmed, pinning the Japanese yen near 160 ahead of the Bank of Japan’s policy decision. Oil prices rose with the Strait of Hormuz remaining effectively closed, while investors await central bank meetings for insights into the war’s economic impact and rate outlooks.Read More
Amba Auto Sales and Services’ Rs 65 crore SME IPO opens Monday with zero grey market premium, indicating cautious investor sentiment. The company, an authorized dealer for Bajaj Auto and LG Electronics, plans to use IPO proceeds for working capital and expansion. Financials show steady growth, with revenue around Rs 242 crore in FY25.Read More
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