Swiggy, the food delivery giant, launched its IPO last week. The IPO saw a decent subscription rate. However, market analysts observed subdued sentiments due to the company’s financial performance. Despite revenue growth, Swiggy continues to face losses. Experts advise caution and a long-term perspective for potential investors. The company plans to utilize the IPO proceeds for expansion and technological advancements.
US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices
Following President Trump’s dismissal of Iran’s peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation