A rebound in oil prices ahead of the meeting of the world’s top oil producers on Wednesday also soured sentiment, with the Nifty closing below 17,000, considered a key level in the near term. The index declined 207 points, or 1.21%, from Friday’s close to end at 16,887.35, below its 200-day moving average of 16,979.88 – a long-term indicator for the 50-share gauge.
Zetwerk selects banks for $500 million India IPO
Indian manufacturing firm Zetwerk Pvt is planning an initial public offering in Mumbai, aiming to raise at least $500 million. The company is working with