News Overview

Currencies traded in tight ranges following a holiday in the United States, as investors focused not only on the BoE but also on central bank decisions in Switzerland and Norway.

Last month, U.S. retail sales increased by 0.1%, according to the Commerce Department's Census Bureau.

Asian markets mostly declined on Thursday as China kept its one- and five-year loan prime rates unchanged.

Brent crude futures for August delivery increased 8 cents to $85.15 per barrel. U.S. West Texas Intermediate crude for June fell 27 cents, or 0.3%, to $81.30 per barrel.

According to BSE data, the initial share sale attracted bids for 3,74,89,734 shares, with 1,49,44,944 shares on offer.

On the first day of bidding, retail and non-institutional investors responded favourably to the offering. According to BSE data, the subscription status for Akme Fintrade IPO is 3.01 times.

Here are some of the stocks that may see significant price movement today: MAS Financial, PNB Housing Finance, etc.

The company aims to raise ₹418.01 crore through the IPO, with ₹325 crore from fresh shares and ₹93.01 crore through the OFS route

Market breadth is mixed with 1539 shares advancing, 1799 shares declining, and 75 shares unchanged.

The IPO price band is set between ₹114 and ₹120 per share, with a face value of ₹10 each.