The Bank Nifty index surged to a record high, fueled by the RBI’s unexpected interest rate and CRR cuts, boosting banking and NBFC stocks. This rally propelled the Nifty to its highest closing in 2025, with mid-cap and large banks with high LDRs and tight LCRs poised to benefit significantly from the increased liquidity.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an