Capital Infra Trust InvIT, sponsored by GCL, will debut on exchanges with units potentially listing at a premium. Focused on infrastructure assets, the IPO funds will repay external borrowings and fund project SPVs. InvIT operates in India’s extensive road network sector.
Stocks to buy: Jio Financial, SBI Card and Canara Bank on investors’ radar
Indian stock indices closed higher for the third consecutive session, fueled by easing retail inflation and hopes for rate cuts. Viral Chheda of SSJ Finance