Tata Capital has set its IPO price band at Rs 310–326, a 56% cut from its last unlisted share price, aiming to attract investors and create potential for a listing pop. As one of India’s largest NBFCs, the three-day IPO opens on October 6. Experts say the pricing is sensible, leaving room for long-term value and investor appeal.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction