Shares in Australia and South Korea edged higher, as did US equity futures, after the S&P 500 and Nasdaq 100 both fell on Thursday. Equity trading in Japan is closed for a holiday.
The larger the IPO, the lower the expense ratio, the data showed. Offerings under ₹500 crore incurred average costs of 9.3%, while mega IPOs above
Reliance shares surged over 5% on Monday-the highest single-day gains since June 2024-to a market valuation of ₹18.5 lakh crore, from ₹17.6 lakh crore.
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