The Indian primary market is set for a busy week with 10 companies launching IPOs, aiming to raise over Rs 1,190 crore. Vikran Engineering’s Rs 772 crore IPO, opening August 26, leads the pack, followed by Anlon Healthcare’s Rs 121 crore issue. Several SME IPOs, including Globtier Infotech and NIS Management, are also scheduled.
Global Market Today: Asian stocks decline in break from US chip rally
Losses were led by a more than 2% drop in South Korea’s Kospi Index — a bellwether for artificial intelligence investments — as chip heavyweight