India’s stock market is set for a wave of IPO lock-in expiries over the next three months, with shares worth $34 billion from 73 recently listed companies becoming eligible for trading, according to Nuvama Alternative & Quantitative Research. The expiry only makes these shares tradable and does not necessarily mean shareholders will sell them.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend