Financial services firms achieved record fundraising in FY26, raising ₹49,795 crore through IPOs, the highest in a decade. Despite a struggling finance sector index, these new listings significantly boosted the primary market. Major IPOs from Tata Capital and HDB Financial Services led this surge, accounting for a substantial portion of the total funds raised.
US stocks today: US stocks end lower for the day and week as chip selloff broadens
Wall Street declined as AI-driven chip stocks extended losses, triggering broader risk-off sentiment. Semiconductor shares saw sharp weekly declines, while energy stocks gained on rising