It was a week when the IT sector, once again, stood out like a beacon of hope for the stock market performance
While the CME Fedwatch is optimistic about rate cuts, the Fed is still to be full convinced that it is time to be dovish
The trade data shows signs of pressure on the CAD, which is likely to keep the Indian rupee under pressure
The ₹214.76-Crore IPO opens for subscription on August 21 and closes on August 23, with a price band of ₹195-206 per share.
Here are some of the stocks that may see significant price movement today: Cyient DLM, PNB Housing Finance, GE T&D India, Genus Power, etc.
Retail investors will receive 35% of the issue size, eligible institutional investors will receive 50%, and non-institutional investors will receive the remaining 15%.
Asian markets were trading lower on Wednesday, mirroring Wall Street's performance, where both the S&P 500 and Nasdaq Composite ended their eight-day winning streaks.
An equal weight fund overcomes the bias of investing in the typical market cap weighted indices
Brent crude futures declined 9 cents to $77.11 a barrel. U.S. West Texas Intermediate crude fell 10 cents to $73.07 per barrel.
The revenues from the IPO will be used to fund the company's working capital and general business objectives.

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