Wakefit raised Rs 580 crore from anchor investors at the top price band, with domestic mutual funds taking over half the book. Strong institutional demand boosts confidence ahead of its Rs 1,288 crore IPO opening on December 8.
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.
Seven BSE 150 MidCap stocks scaled fresh 52-week highs as Sensex surged 776 points in a broad-based rally. Lloyds Metals & Energy, Laurus Labs and
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