Retail investors, through the mutual fund route, are yet again absorbing the selling by foreign institutional investors (FIIs) post the budget, which is being reflected by a decline in fear gauge India VIX to a three-month low on Wednesday after wild intraday swings. FIIs have sold shares worth almost ₹6,700 […]
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NEW YORK -The dollar hit a fresh 38-year high against the yen on Wednesday, with investor speculation high that authorities in Japan could intervene to strengthen the Japanese currency, while global stock indexes were mixed. Japan’s top currency diplomat, Masato Kanda, said authorities were “seriously concerned and on high alert” […]
Vraj Iron and Steel Limited on Tuesday said the company had raised ₹51.29 crore from its anchor round ahead of its initial public offering (IPO) on Wednesday, June 26. According to an exchange filing, the metal manufacturer allocated 24,78,259 equity shares to anchor investors at ₹207 per share. Volrado Venture […]
Allied Blenders & Distillers Limited on Monday said the company has raised nearly ₹449.1 crore from anchor investors ahead of its initial public offering (IPO) on Tuesday, June 25. According to an exchange filing, the liquor manufacturing company allocated 1,59,82,206 shares to anchor investors at ₹281 per share. Nippon Life […]