The India Rupee is likely to depreciate on Friday on the back of a strong dollar, rise in crude oil prices and risk aversion in global markets. Market sentiments were hurt as major central across the globe signalled that interest rates will go higher despite recessionary fears. Additionally, investors will remain cautious ahead of manufacturing […]
Landmark Cars’ IPO is set to close today, and has been subscribed over 300% or 3.04x. The IPO received significant interest from QIBs (qualified institutional buyers) who subscribed to the issue 8.71x. Non institutional investors bid 1.31 times while retail investors had a comparatively lackluster response at 0.56x. The portion reserved for employees is oversubscribed […]
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