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Ather Energy witnessed significant block deals totaling Rs 545 crore as NIIF-II booked profits by offloading shares. Boston-based Ghisallo and Societe Generale were among the notable buyers, acquiring substantial stakes in the electric two-wheeler manufacturer. Other investors like Invesco Mutual Fund and Motilal Oswal also participated in the transaction.
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News and Media
Pine Labs delivered a strong market debut, listing at a 9.5% premium and rallying further to give IPO investors gains of nearly 30% from the IPO price. Brokerages remain positive on the companys long-term prospects but advise allotted investors to hold.
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News and Media
A recent US government shutdown has sparked debate on its impact on America's global standing and trade relations with India. Market expert Santosh Rao suggests the political narrative remains divided, with uncertainty clouding trade talks. While the shutdown highlights governance strains and fiscal concerns, its long-term economic impact is expected to be limited, with the US economy showing resilience.
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News and Media
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