This is the 8th consecutive interest rate hike by the US Central Bank since the beginning of 2022.
Budget has brought some positivity; US Federal Reserve raises interest rate by 25 basis points.
The Mumbai-based startup is now looking to refile the documents for its $440 million (Rs 3585 crore) IPO, as per the reports of Reuters.
Widening Current Account Deficit identified as a key challenge.
LIC's total investment in Adani Group companies through both equity and debt stood at Rs35,917.31 crore, as of December 31, 2022.
The IT, FMCG, Pharma, Oil & Gas, Consumer Good stocks logged selling pressure.
According to the BSE website, 9,58,688 applications received against 4,55,06,791 shares offered for subscription.
Damodar Bhattad is a Chartered Accountant, who had secured All India Rank in ICAI final examination.
On NSE, the Metal index was higher by 1.1% and PSU Banks surged by 2%.
The company will allot shares on February 3, 2023 and its fresh shares will be listed on BSE and NSE on February 8, 2023.