The Securities and Exchange Board of India (Sebi) has given the green light for IPOs from Molbio Diagnostics, LEAP India, Foodlink F&B Holdings, Technocraft Ventures, and Eldorado Agritech. These companies are set to raise significant funds through fresh issues and offer for sale components. However, Inox Clean Energy and Sky Alloys and Power have withdrawn their IPO plans.
Oil prices fall 1% as investors weigh pause in US strikes on Iran
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy