Indian markets remained under pressure as the Sensex declined for a fifth straight session. Twelve BSE 100 stocks recorded losses in all five sessions, reflecting sustained selling across sectors amid broader market weakness and cautious investor sentiment.
SBI Funds Management seeks Rs 2,000 crore in pre-IPO round
SBI Funds Management, India’s largest mutual fund, is planning a significant IPO, potentially raising up to ₹2,000 crore through a pre-IPO placement. This move precedes