Ola Electric Mobility’s market debut was subdued, with its grey market price indicating a lower opening than its IPO range. The significant IPO was subscribed 4.27 times, yet analysts pointed to limited HNI interest. Experts recommend selling the stock upon listing due to uncertainty over the company’s near-term prospects.
Oil falls as Trump downplays prospect of escalation with Iran
Oil prices fell due to President Trump’s announcement regarding US military action against Iran, easing supply concerns. Brent crude futures dropped to $92.33 per barrel