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Wistron, like Pegatron and Foxconn, is a Taiwanese contract manufacturer for Apple. Tata Group purchased its local business for $125 Million (₹1,000 Crore) in November last year, making it the first Indian company to produce iPhones.

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On Monday, the rupee finished steady at 83.31 versus the US dollar, as bullish local stocks were offset by the strength of the American currency in the offshore market.

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This week, start-ups raised $152 Million led by Ola Electric, SingleInterface, Namdev Finvest, Innoviti, Scrut, Nivara.

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In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes.

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Spot gold touched a record high of $2,353.79 on Monday; it was up 0.1% at $2,340.09 per ounce.

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Axis Bank shares have increased by 43% over the previous five years, outperforming the benchmark Sensex's 93% increase and the BSE Bankex index's 64% increase.

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In the quarter ending March FY24, the bank reported a total business of ₹4.50 Lakh Crore, marking a 9.62% rise compared to the corresponding period in the previous year, with total advances jumping 15.92% year on year to ₹1.87 Lakh Crore and deposits climbing 5.53% to ₹2.63 Lakh Crore.

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Brent crude futures had increased by 40 cents to $90.78 per barrel. At $86.78, U.S. West Texas Intermediate (WTI) crude saw a 35-cent increase.

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The current IPO blueprint comprises a new equity offering amounting to ₹1,000 Crore alongside a ₹4,000 Crore offer for sale. Within the offer for sale (OFS), the promoter BCP Topco VII Pte is set to divest its stake.

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The dollar gained 0.03% to 151.87 yen, staying close to the 34-year peak of 151.975 yen reached last month as jawboning efforts by Japanese officials to support the currency increased.

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