The dollar held near recent peaks ahead of an expected U.S. interest rate cut, with traders raising long-term rate assumptions. The euro and yen weakened, while the gap between U.S. and German ten-year yields widened. Strong U.S. economic data suggests this week’s cut may be the last for a while.
Silver Storm Parks & Resorts Limited Successfully Concludes IPO
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.