Ather Energy’s Rs 3,000-crore IPO achieved full subscription on its final day, driven by strong institutional demand, although grey market signals remained weak. Retail investors showed consistent interest, while QIBs surged in the last stretch. Despite valuation concerns and a declining GMP, analysts offer mixed recommendations, citing Ather’s growth potential and premium positioning.
US stocks: US market ends lower as tech stocks weigh on sentiment
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the