SD Retail’s SME IPO opened for subscription today and will close on September 24. The company aims to raise Rs 65 crore through a fresh equity issue of 49.60 lakh shares, priced between Rs 124-131 each. The proceeds will fund new brand outlets, working capital, and general corporate purposes.
US stocks: S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
US market saw a mixed close as the S&P 500 and Nasdaq dipped, primarily due to tech giants like Alphabet facing investor scrutiny over AI