Ray Dalio argues that currency moves, gold’s surge and global capital reallocation defined markets in 2025, not US equity rallies. He warns of low future returns, stretched valuations and rising risks from debt, geopolitics and weakening demand for government bonds.
Knack Packaging IPO Day 3: Issue subscribed 83x at close; GMP signals 17% listing gain
Knack Packaging’s Rs 439.5-crore IPO was subscribed 73 times on the final day of bidding, led by strong demand from QIBs. The grey market premium