Shri Balaji Valve IPO had received a robust response from investors with a subscription of 276 times at close. While the NII category was booked the most at 799 times, retail investor portion was subscribed 169 times. The QIB portion of the issue was booked 70 times.
Wall Street Week Ahead-Investors brace for possible rate hike at uncertain Fed meeting
As the Federal Reserve’s interest rate decision looms next week, investors are on edge, aware that this could disrupt the ongoing stock market rally alongside