Global investor TPG sold its ₹1,505 crore stake in Sai Life Sciences via block deals at ₹722 per share. Key buyers included Norges Bank and top Indian mutual funds. The stock rallied 5% post-deal, reflecting robust investor appetite.
Yen weakens after intervention-led surge ahead of BOJ policy decision
The Japanese yen faced renewed pressure after Tokyo intervened in currency markets. The dollar gained as traders questioned the US Federal Reserve’s inflation stance. Japan