LG Electronics India debuted at a 50% premium after a record-breaking Rs 11,607 crore IPO, sparking FOMO among investors. Despite near-term caution due to stretched valuations, brokerages like Emkay and Motilal Oswal remain positive on long-term growth prospects.
Silver has fallen as much as 14% this week, hitting a seven-month low as expectations of US Fed rate cuts fade and bond yields rise.
The IPO comprises a fresh issue of 60 lakh shares worth Rs 25.20 crore and an offer for sale (OFS) of 14.95 lakh shares aggregating
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