The 2025 IPO season is nothing short of a phenomenon, propelled by Indian retail investors who have collectively committed around ₹42,000 crore to mainboard IPOs—marking a stunning threefold increase since 2023. The trend also extends into mutual funds, energized by a wave of SIP investments, signaling a robust engagement from retail participants in the equity arena.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.