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.
Rupee edges up to 95.11 against dollar on likely RBI intervention
On Tuesday, the Indian rupee experienced a slight strengthening to close at 95.11 against the dollar. This change occurred despite rising oil prices and foreign