The Indian rupee is poised for a fall below 91.50 against the US dollar on Monday. Global oil prices and geopolitical tensions are driving this weakening. The Reserve Bank of India is expected to intervene to stabilize the currency. This comes after a period of revival for the rupee in February.
Silver Storm Parks & Resorts Limited Successfully Concludes IPO
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.