India’s equity market is feeling the heat as the rupee hits record lows, raising concerns about the ongoing economic recovery. Foreign investors are pulling money out, impacting capital flows crucial for growth. While tech exporters benefit from a weaker rupee, other sectors face challenges, suggesting a period of selective investment and continued market volatility.
Fusion Cx, Orient Cables among 7 companies to get IPO nod
Seven companies, including Fusion Cx and Orient Cables India, have received Sebi’s approval for their IPOs. Fusion Cx plans a Rs 1,000 crore issue, while