Crude oil above $100 has wiped out Rs 20 lakh crore in equity wealth, hammering markets in India as the Iran conflict escalates. The rupee hit a record low, and FIIs continue to sell, yet experts and Axis Mutual Fund argue the panic may be creating a rare long-term buying window.
SBI Funds reduces IPO size to Rs 9,813 crore after pre-offer placement. Will it impact listing gains?
SBI Funds Management has cut its IPO size to Rs 9,813 crore from Rs 11,693 crore after raising Rs 1,655 crore through a pre-IPO placement