Quality Power Electrical Equipments’ IPO opens on Friday with a mix of fresh issue and OFS. The company aims to fund capital expenditure, acquisitions, and strategic initiatives. Analysts recommend subscribing for long-term gains due to the company’s strategic position in high-voltage power products and diversified global customer base.
Japan’s Nikkei hits record high as chip-related shares jump
Japan’s Nikkei stock index reached a new record high today. Chip-related stocks drove the gains, overshadowing declines in financial and other sectors. This surge mirrors