Prudential Plc is planning to list ICICI Prudential AMC, India’s second-largest mutual fund house, through a ₹10,000 crore IPO. The offering, subject to approvals, will involve a 10-15% stake sale, with proceeds intended for shareholder returns.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and