“A lot of HNIs and retail investors had subscribed to the FPO with an arbitrage point of view,” said Jimeet Modi, founder, Samco Securities. “They have locked their gains and booked profits and moved on from the company.”
Wall St Week Ahead: Investor focus turns to data, election, earnings after Fed cut
U.S. stocks face a challenging period with economic data, political uncertainty, and corporate earnings tests ahead. The S&P 500 recently hit an all-time high following