Niva Bupa IPO GMP: The IPO of Niva Bupa Healthcare saw strong demand from retail investors, with the issue subscribed 1.28 times (128%) by the final day of bidding. By 11:15 am, retail investors had bid for 5.79 crore shares, 1.85 times their reserved portion. Qualified Institutional Buyers (QIBs) had subscribed 1.05 times their allocation.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and