The QIP market seems to be showing signs of revival. On Tuesday, Hitachi Energy India’s ₹2,000 crore QIP – the largest such offering so far this year – was subscribed two times. With demand doubling, the company is likely to partially exercise the green shoe option. On Tuesday, another company, Centum Electronics, launched a ₹250 crore QIP.
US macro data has not deteriorated, but market falling in anticipation of a decline: Anurag Singh
Anurag Singh from Ansid Capital notes that while US companies are exceeding Q4 expectations, their cautious guidance for upcoming quarters is causing market corrections. Although