Meesho shares have surged to a new record high, gaining 110% since their IPO. The company’s market capitalization now exceeds Rs 1 lakh crore. International brokerage UBS initiated coverage with a Buy rating, predicting strong growth in Net Merchandise Value. This rally follows a successful IPO that saw significant demand from investors.
ECB holds interest rates at 2% for a fourth time
The European Central Bank has held interest rates steady for the fourth time. Inflation is near the bank’s target. The euro zone economy is showing