A substantial $1.86 billion in pre-IPO shareholder lock-ins is expiring in July 2025, potentially altering the ownership structure of several recently listed firms. Nuvama Institutional Equities reports that these expiries encompass both promoter and non-promoter holdings across multiple companies. While the shares become tradable, not all are expected to be sold, as many may remain with long-term investors.
Yen steady before BOJ, AI jitters drive Treasury rally, weigh on dollar
The yen remains steady as the Bank of Japan gears up for its expected interest rate policy decision. The dollar has slipped lower, responding to
October 30, 2026