Punjab & Sind Bank has set the floor price at Rs 40.38 per share to raise Rs 2,000 crore through Qualified Institutional Placement. The board approved the preliminary placement document and may offer a discount of up to 5 per cent on the floor price as per Sebi regulations.
Market consolidation or rebound? Daylynn Pinto on the road ahead for investors
Daylynn Pinto of Bandhan AMC explains the current market consolidation after five strong years, highlighting concerns such as the slowdown, global recession risks, and potential