Despite more than half of Nifty stocks being in bearish phases, the index is only down 16% due to the weightage of few major stocks like RIL, HDFC Bank, and TCS. Factors contributing to the decline include stretched valuations, underwhelming earnings, and persistent foreign investor selling.
3B Films IPO opens for subscription at Rs 50 per share
3B Films, a plastic packaging film manufacturer, launched its IPO on Friday at ₹50 per share, aiming to raise ₹33.75 crore. The IPO, open until