SEBI has lifted the abeyance on SK Finance's ₹2,200 Crore initial public offering.
Spot gold was up 0.2% to $2,411.97 per ounce. Gold futures increased 0.3% to $2,452.60.
IT, Metals, and Auto were the preferred sectors as FPIs bought Indian equities till Budget day on July 23, 2024
Brent crude prices rose $1.25, or 1.6%, to $77.55 per barrel, while US West Texas Intermediate crude futures rose $1.35, or 1.9%, to $74.29.
Here are some of the stocks that may see significant price movement today: Adani Energy Solutions, Bharti Airtel, Bharti Hexacom, etc.
Call it the safety shift, but IT, healthcare and FMCG have been the top performers in July and also in the last quarter
The fears of a recession have been shaking global markets, driving investors away from risky assets.
The IPO is set to open on August 6 and will remain open for bidding until August 8.
The much-anticipated ₹4,194-Crore initial public offering (IPO) is set to open for subscription on August 6.
The company announced the addition of 54 net new stores in under-penetrated markets, increasing its total store count to 1,836 as of June 30, 2024.

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