After delisting from the Indian bourses in November 2020, the software services company returned to the capital market by selling shares worth ₹8,750 crore in the IPO last week, making it the largest Indian IT services IPO exceeding Tata Consultancy Services’ ₹4,713 crore public issue in 2004.
Sensex rises 300 points; Nifty above 24,350 as oil prices slide. What lies ahead?
On Wednesday, Indian stock markets rallied, buoyed by a decrease in oil prices and renewed optimism surrounding the reopening of the Strait of Hormuz, following