Capital Infra Trust InvIT’s IPO opens today, targeting Rs 1,578 crore. Priced between Rs 99-100 per unit, 75% is for institutional investors and 25% for non-institutional investors. Proceeds will repay loans. Sponsored by Gawar Construction, the trust focuses on road and highway projects. SBI Capital Markets and HDFC Bank are lead managers.
Oil shock from Iran war raises risks for India’s stock market
Escalating Middle East tensions are poised to further weaken Indian equities, with strategists warning of underperformance against global peers. Higher oil prices, driven by the