The IPO of Indo Farm Equipment received strong investor response on its opening day, getting subscribed 6.94 times. The offering included both fresh shares and shares from the promoter. The funds will be used for pre-payment of borrowings, investment in a subsidiary, and general purposes. Shares are expected to list on January 7.
US stocks: S&P 500 ends nearly flat as US-Iran talks help stocks pare losses
S&P 500 ended almost flat as Microsoft declined, while Meta Platforms recorded gains amid ongoing market fluctuations. Oil prices surged following geopolitical tensions and a