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In Tata Capital's IPO, the qualified institutional buyers (QIBs) portion of the non-banking financial company's IPO was subscribed 3.42 times, while the non-institutional investors (NIIs) or high-net-worth individuals' portion and the retail investors' portion were subscribed 1.98 times and 1.1 times, respectively. The employee reserved portion saw a subscription of 2.92 times.
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Foreign investors divested 4,521 crore from IT and 4,036 crore from healthcare stocks in the latter half of September. This selling was driven by concerns over US H-1B visa restrictions and new pharma tariffs, impacting export-oriented sectors. Overall, FPIs sold 19,647 crore across 15 sectors during the period.
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News and Media
Dimon said he was "far more worried than others" about the potential for a stock market correction.
Category:
News and Media
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