Analysts said the optimistic wagers are on hopes that the American central bank could tone down its aggressively hawkish stance on interest rates on November 2, even as the Fed has repeatedly quashed market expectations in every policy meeting in the past year, forcing traders to reassess their bullish breakout models.
Xtranet Technologies shares list at 7% premium over IPO price on NSE
Xtranet Technologies debuted at up to a 7% premium over its IPO price on Thursday, falling short of grey market expectations of an 11% gain.