Indian bank stocks face further pain as the central bank’s currency market actions and rising energy prices dampen profit outlooks. Tightening financial conditions and potential derailing of credit recovery threaten loan growth, leading to significant investor withdrawals and market value losses for the Nifty Bank Index.
Safety Controls IPO opens today. Check GMP, price band, subscription and other details
Safety Controls and Devices’ Rs 48 crore IPO opened with a flat grey market premium, signaling cautious investor sentiment. The company, an EPC player in