State Bank of India (SBI) initiated a ₹25,000-crore share sale to institutional investors, marking the largest equity capital raise by an Indian entity since 2015. The indicative offer price ranged from ₹806.75 to ₹831.70 per share, with participation expected from LIC, financial institutions, and international investors.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen