The IMF stated that the rupee's movement within a narrow range from December 2022 to October 2023 indicated that the central bank's intervention likely exceeded levels necessary to address disorderly market conditions. However, India has strongly disagreed with the organisation's assessment.
The INOX India IPO is set for a strong finish as the IPO has garnered significant attention from investors and is commanding a substantial premium on the unofficial grey market.
This marks a significant increase from -0.52 percent in October 2023 and 6.12 per cent in November 2022, making it the highest wholesale inflation print in eight months.
The India Shelter Finance IPO has garnered positive previews from analysts, who have cited the company’s financial performance, technology-driven operations, and a scalable business model offering future growth prospects.
Block deal data from stock exchanges indicated that approximately 33.4 million Axis Bank shares changed hands on Wednesday, though the identities of the buyers were not immediately disclosed.