During the day’s trading, three large foreign banks were seen selling dollars and the exercise, dealers said, was linked to the proposed capital infusion into a private bank. Yes Bank has said it will raise about $1.1 billion from global private equity funds Carlyle Group and Advent.
Behari Lal Engineering shares rally 14% after stellar debut. What are brokerages saying?
Behari Lal Engineering shares surged 14% after making a strong market debut, listing at a 63% premium to the IPO price. Brokerages remain positive, citing