The IPO of Vaibhav Jewellers was fully subscribed on the last day of the bidding process. The overall subscription stood at 2.25 times at close. The issue was priced in the range of Rs 204-215. The IPO comprised a fresh issue of Rs 210 crore and an offer for sale (OFS) segment of up to 28 lakh equity shares. The company has raised about Rs 270 crore through the public offer.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created