Innovision’s IPO saw weak investor response, with overall subscription around 30% even after extending the bidding period and lowering the price band. Retail and NII participation stayed muted, while institutional demand remained stronger. The company aims to raise Rs 323 crore through the issue.
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of