India’s primary market is set for a busy week, with Rs 6,900 crore expected from 12 IPOs. Meesho leads the lineup with its Rs 5,421-crore issue, alongside Aequs and Vidya Wires on the mainboard. Nine SME IPOs will also open, keeping subscription activity high as December begins.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,