Investors are chasing Groww’s unlisted shares at valuations nearing $9 billion, ahead of its Rs 6,000-7,000 crore IPO. Secondary market activity signals strong optimism, but experts warn that overheated prices may limit upside potential for new investors post-listing.
US stocks: US market ends down as oil prices, Treasury yields rise
In a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, compounded by increasing Treasury yields.