Shyam Dhani Industries debuted on the NSE SME platform with a remarkable 90% premium, opening at Rs 133 against its IPO price of Rs 70. This stellar listing followed an aggressively subscribed IPO, attracting significant demand across all investor categories. The company, a manufacturer of spices and grocery products, reported steady financial growth and strong return ratios in recent years.
Fed can afford to stay patient as inflation risks ease: Steve Englander
The Federal Reserve is unlikely to alter interest rates soon, as inflation moderates and the economy remains stable, according to Steve Englander of Standard Chartered.