Groww’s Rs 6,632 crore IPO, which saw 57% subscription on Day 1, has received a wave of positive recommendations from leading brokerages. Most analysts rated the issue as “Subscribe,” citing Groww’s leadership in India’s retail investing market, robust tech stack, and long-term potential despite steep valuations.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays