Vodafone Idea FPO off to a cautious start: Issue booked 26% on day 1 led by QIBs; GMP and other details.

Vodafone Idea FPO off to a cautious start: Issue booked 26% on day 1 led by QIBs; GMP and other details.

At the end of day one, the retail portion had 6% subscriptions, the QIB quota had 61% subscriptions, and the non-institutional investor category had 28% subscriptions. Also Read: Vodafone Idea FPO: 10 key things to know about ₹18,000-crore issue as anchor book opens today “Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today … Read more

Week Ahead: Q4 Results, macro data, Israel-Iran conflict, global cues among key market triggers this week

Week Ahead: Q4 Results, macro data, Israel-Iran conflict, global cues among key market triggers this week

Despite touching fresh lifetime high levels, domestic equity benchmarks settled flat last week as investors’ hope for a June rate cut were dashed by higher-than-expected inflation in the US, compounded by positive US employment and manufacturing data. Escalating geopolitical tensions in the Middle East, alongside supply concerns, have propelled crude oil prices upward, impacting the … Read more