Baazar Style Retail, backed by Rekha Jhunjhunwala, debuted on the BSE at Rs 389. The IPO received a strong response with nearly 41 times subscription. The company plans to use the proceeds for debt clearance and corporate purposes. Baazar Style is a leading value fashion retailer in Eastern India with significant market share in West Bengal and Odisha.
These stocks defy market volatility, extend rally beyond US-Iran ceasefire
The US-Iran war, which commenced on February 27, caused significant volatility in the equity markets, impacting key benchmarks. By October, the Nifty 50 index exhibited