Four IPOs, including Mamata Machinery and Transrail Lighting, are set to open next week, continuing the primary market’s strong momentum. Nine companies, including Mobikwik and Sai Life Sciences, are expected to list. Mamata Machinery’s IPO is entirely an offer for sale, while Transrail Lighting’s includes a fresh issue to fund expansion. Two additional IPOs will launch in the SME segment.
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