ICICI Prudential AMC’s Rs 10,602 crore IPO opens for subscription on December 12. This is a pure offer for sale by its UK partner. The offer closes on December 16. The company manages significant assets and shows strong profitability. Brokerages recommend subscribing for long-term investment. Valuations are considered fair, with modest listing expectations.
Rs 23,000 crore outflows! Is the September FII rout indicating a worse end to 2026?
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond