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Hassan Nasrallah, Hezbollah's leader for 32 years, has reportedly been killed in an Israeli airstrike. His death is seen as a significant blow to the militant group. Analysts believe this will weaken Hezbollah and complicate the selection of his successor. Tensions in the region have heightened following his death.
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Kumar Arch Tech, a manufacturer of PVC blend-based building materials, has filed for an IPO to raise Rs 740 crore. The IPO includes a fresh share issue worth Rs 240 crore and an offer-for-sale by promoters worth Rs 500 crore. Proceeds will fund capital expenditure for its subsidiary's greenfield project.
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Additionally, Chinas economic stimulus boosted global investor confidence, particularly in Asian markets. Metals and commodity stocks saw strong gains, while IT and export stocks rallied on hopes of a recovery in discretionary spending.
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News and Media
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