The stock hit a high of ₹426.45 and closed at ₹420.75, almost 59% over the issue price. The ₹592-crore-IPO of Cyient DLM was priced in the range of ₹250 to ₹265 apiece.
Fed officials tempered expectations for an October rate hike after Philip Jefferson and John Williams stressed patience and data dependence. Markets sharply reduced hike odds,
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to
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