As of 12 noon, the non-institutional investors subscribed the issue by 84.8 times, followed by the retail investors, who had subscribed the issue by 24 times. Meanwhile the Qualified Institutional Buyers (QIBs) had subscribed the issue by 6.3 times.
US stocks: US market rebounds, but yield surge sets stage for weekly losses
Major Wall Street indexes opened higher on Friday after significant declines. The Dow Jones Industrial Average saw a slight increase at the opening. The S&P