Throughout the three days of the Mukka Proteins IPO, investors showed a great deal of demand.
Day 1 subscription status for Gopal Snacks IPO was 56%, as per BSE statistics.
CRISIL expects broad-based margin expansion in FY24 amid easing input cost inflation and steady volume growth.
Nifty and Sensex continued to scale new highs during the week, on sustained momentum.
Among sectors, the Metal index saw a rise of 1.38%, followed by the FMCG index with a gain of 0.98%. Conversely, the Oil & gas index recorded a decline of 1.20%, and the Bank, Private Bank, Auto, and Realty indices closed in negative territory.
In 7 out of the last 8 weeks, the start-ups raised more than $100 Million per week.
According to Tata Motors, the demerger initiative comes at a time when its commercial vehicle, passenger vehicle (including electric vehicles), and luxury vehicle (Jaguar Land Rover) businesses have been implementing distinct growth strategies. Since 2021, these divisions have operated independently under their respective CEOs.
On the last day, the portion for retail investors has been subscribed 16.99 times, the portion for non-institutional investors (NII) has been booked 46.21 times, and the portion for qualified institutional buyers (QIB) has been booked 32.09 times.
Fed has underscored that the last mile inflation was the toughest to handle, although the Fed appears confident that it should happen in 2024.
Gold is at a lifetime high and it is not just about the weakening currencies globally or too much liquidity.

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