The rupee appreciated 18 paise to close at 81.18 (provisional) against the US dollar on Friday on broad dollar weakness. However, weak domestic equities and a surge in crude oil prices capped sharp gains for the local currency, forex traders said. During the trading session, the local unit witnessed an intra-day high of 81.09 and […]
KFin Technologies likely announced the share allotment status of its IPO on Monday, 26 December. The refund will be initiated today, and the shares will be credited to the Demat account on 28 December. The IPO received good demand from investors, with the issue being subscribed 2.59 times. The qualified institutional buyer portion was subscribed […]
Optimism over India’s economic situation, employment and income for next one year has improved sharply, Reserve Bank of India (RBI)’s consumer confidence survey showed. Future expectations index rose by 1.3 points to its two-year high of 116.2 points in January 2023. The current situation index also rose 1.3 points to 84.8 points. RBI’s survey obtains […]