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According to data from the Energy Information Administration last week, U.S. oil stockpiles increased by 2.7 million barrels.

Market breadth was favorable, with 2398 shares advancing, 914 declining, and 119 remaining unchanged.

UltraTech has the ability to make 147.3 million tonnes of grey cement in India, roughly 23 million tonnes of which will be in Maharashtra.

Wipro reported a decrease of 6,180 workers during the quarter. Wipro's headcount fell by 24,516 in fiscal year 24.

Shares of Yes Bank gained in early trade on April 22 after the company received a tax refund order of ₹284.21 crore for the assessment years 2011-12 to 2013-14.

The European Central Bank (ECB) and Bank of England (BoE) are still expected to begin rate cuts by the middle of the year.

Retail investors hold a significant portion of IREDA shares, constituting over 17% ownership, with notable participation from individual investors.

Comparison The yield on the 10-year U.S. Treasury increased slightly, closing at 4.6475%, which decreased investors' desire for non-yielding metal.

The price band for the offering is set between ₹10 to ₹11 per share, with bids accepted in multiples of 1,298 equity shares and a minimum bid limit of 1,298 shares.

IIFL caught up with the management of the IPO-bound company to know more about its plans.