DreamFolks IPO subscribed 72% so far on Day 1; retail portion booked 3.7x

The quota for retail bidders was subscribed 3.7 times, whereas the allocation for HNI investors fetched 16 per cent bidding. The quota for institutional investors did not garner any bids yet.

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EM local bonds gain favour as dollar debt lags

Current trends indicate that investors are leaning towards local emerging market debt rather than dollar-denominated bonds. The allure of attractive valuations combined with ongoing carry