KRN Heat Exchanger and Refrigeration shares will debut on exchanges today, with a grey market premium (GMP) indicating potential multibagger gains of over 107%. The company’s IPO saw an overwhelming subscription of over 200 times. The funds will be used to invest in a new facility in Rajasthan.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of