Steptrade Capital invested Rs 177 crore across 63 IPOs in two years, spanning Mainboard and SME issues, achieving an average listing gain of 35%, highlighting institutional capital’s growing role in India’s IPO market.
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.
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