MobiKwik’s IPO saw strong investor interest, with 7x subscription on the first day. Priced at Rs 265-279 per share, the Rs 572 crore offering aims to fuel growth in financial services and AI. Analysts recommend it for high-risk investors, citing high valuation despite the company’s recent profitability.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created