Sanathan Textiles’ Rs 550 crore IPO opens today. The offer includes fresh equity and an OFS. Bidding closes December 23. Proceeds will repay debt and fund subsidiary Sanathan Polycot. The price band is Rs 305-321 per share. Analysts recommend subscribing for the long term. Listing is expected on December 27.
US stocks today: US stocks rise as Anthropic IPO puts AI spending under scrutiny
Wall Street’s main indexes experienced gains as technology stocks led the rise amid AI investment discussions. Investors are preparing for a busy week of corporate