Indian markets are set for a strong Friday open, tracking global rallies after Trump paused new tariffs for 90 days on all nations except China. GIFT Nifty signals a 744-point jump. Improved sentiment, easing bond yields, and India’s resilient outlook are key positives despite ongoing policy uncertainty.
Allied Engineering Works files IPO papers; seeks to raise Rs 400 cr via fresh issue
Smart energy meter manufacturer Allied Engineering Works has filed preliminary papers with the markets regulator Sebi to garner funds through an initial public offering (IPO).