Sai Life Sciences’ ₹3,042 crore IPO opens today, closing December 13. The offer includes a fresh issue and an OFS, aiming to repay debt. Priced at ₹522-549 per share, analysts advise caution due to high valuation and OFS-heavy structure, despite strong financial performance.
US stock futures jump, dollar gains on tariff ruling
American stock futures saw a rise. The dollar’s value increased after a US court blocked Donald Trump’s global tariffs. The court considered the tariffs illegal.