Austere Systems’ IPO received massive subscription. The shares are ready to debut on the Bombay Stock Exchange SME platform this Friday. The IPO was booked 1,077 times. It is one of the most sought-after small-cap issues. The IPO will fund capital expenditure and general corporate purposes.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.