Ather Energy IPO: The Rs 2,626 crore IPO, open from April 28 to April 30, received a generally muted response across all categories. Retail investors subscribed 1.78 times their allotted portion, while qualified institutional buyers subscribed 1.70 times. Non-institutional investors showed weaker demand with a 66% subscription, but the employee quota saw strong interest, with subscriptions at 5.43 times.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.