Indian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% stake. The OFS, priced at a slight discount, saw strong institutional investor interest, leading to the exercise of the greenshoe option. Retail investors and employees can now participate in the sale, which aims to raise over Rs 2,212 crore.
Buy the dip, stay invested: Matt Orton sees more upside for global markets
Global markets are gaining traction as geopolitical worries ease and AI companies report strong earnings. Matt Orton of Raymond James highlights that receding oil prices