Japanese government bond yields surged Tuesday. Fears of a prolonged war involving Iran, the US, and Israel are driving up energy prices. This is expected to accelerate global inflation. Japan, heavily reliant on energy imports, faces significant impact. Market players anticipate the Bank of Japan may raise interest rates sooner than expected to combat rising prices.
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.