The fundraising of Rs 26,272 crore, however fell short of the previous two years likely due to the absence of mega issues. Investors’ reception also remained positive with only one failed IPO.
The Indian rupee weakened to a historic low of 87.35 against the U.S. dollar, influenced by expectations of an impending rate cut by the Reserve
The customs duty had about 550 crore estimated impact when the announcements came in July and it is by and large played out to that
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