Companies raised Rs 62,000 crore through initial share sales in fiscal 2024 and the pipeline looks equally strong. As much as Rs 70,000 crore worth of offerings are expected to hit the markets next fiscal with some big names in the mix.
Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy
Stocks that were in focus include names like Havells India which was up nearly 5% to hit a fresh high, Container Corporation of India closed
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