The Initial Public Offering of Aditya Infotech opened on July 29. The IPO aims to raise Rs 1,300 crore. The company fixed the price band at Rs 640–675 per share. The IPO will remain open until July 31. The company is a technology solutions provider. It specializes in security surveillance and enterprise communication systems.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may