Fabtech Technologies Cleanrooms will launch its IPO on January 3, aiming to raise Rs 27.74 crore. The issue comprises a fresh issue of equity shares. The company will utilize the proceeds for working capital, acquisitions, and general corporate purposes.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.