The sell-off in the stock market was also on account of weak global cues as higher US retail inflation dampened hopes of early rate cuts by the Federal Reserve and rise in the US 10 year yield
The follow-on public offer (FPO) of Adani Enterprises, the flagship firm of the Adani Group will hit the primary markets today (27 January 2023) and remain open for subscription till 31 January 2023. Adani Enterprises aims to raise Rs 20,000 crore from this FPO and the net proceeds will be used for debt repayment, capital expenditure of subsidiary companies and general corporate purposes. aaa