Indian equity indices hit all-time highs with Sensex closing above 85,000 and Nifty above 26,000. Analysts caution about potential short-term hurdles but do not foresee a sharp sell-off. Broader market indices ended weak. Foreign portfolio investors net sold shares, while domestic counterparts bought significantly.
Turtlemint IPO ends with 1.2x subscription, QIBs lead demand
Turtlemint Fintech Solutions’ ₹883-crore IPO saw robust demand, closing Tuesday with a 1.20 times subscription. Qualified Institutional Buyers led the charge, subscribing 1.59 times, while