Waaree Energies shares zoomed 12% to a new record high of Rs 2,718, marking the fourth consecutive day of gains. The stock debuted at Rs 2,550, a 70% premium over the issue price. With a strong debut and overwhelming IPO subscription, the stock is expected to have a strong long-term outlook.
HDFC Bank cuts MCLR by 5 bps, Bank of Baroda raises 3-month rate by 10 bps
HDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by ten basis points.