Urban Company IPO closed with a massive 103.6x subscription, led by QIBs and NIIs. Allotment will be finalised on September 15, with listing on September 17. GMP stands at Rs 56, indicating a potential 54% listing gain, though actual price may vary with market sentiment.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.