MobiKwik’s IPO saw strong investor interest, with 7x subscription on the first day. Priced at Rs 265-279 per share, the Rs 572 crore offering aims to fuel growth in financial services and AI. Analysts recommend it for high-risk investors, citing high valuation despite the company’s recent profitability.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on