SBI Funds Management and Manipal Hospitals are gearing up for major initial public offerings. SBI Funds’ IPO is expected to be between ₹12,000-13,000 crore. Manipal Hospitals’ offering is estimated at ₹9,000-11,000 crore. Both companies aim to file their draft prospectuses by the end of March, signaling significant market activity.
Dollar near two-month trough as US inflation data awaited
The US dollar experienced a decline against major currencies as investors closely monitor upcoming inflation figures. Both the euro and sterling gained strength, while the