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US labor market data presented conflicting signals, with rising unemployment alongside stronger-than-expected job additions. Experts noted a softening underlying trend, suggesting an economy that is slow to hire and fire. Markets reacted to the mixed data by pushing the dollar lower and increasing the probability of a December Fed rate cut.
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News and Media
Ather Energy's quiet listing has delivered impressive returns. Promoters Tarun Sanjay Mehta and Swapnil Babanlal Jain have seen their wealth skyrocket by 3,220%. The stock has surged 116% over its issue price, outperforming many other IPOs in buzz. Analysts are optimistic about Ather's future market share growth and profitability improvements.
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News and Media
New-age tech IPOs on Dalal Street in 2025, including Urban Company and Ather Energy, have delivered significant gains, with some more than doubling. Despite initial rallies, recent pullbacks are attributed to profit booking and reassessment of valuations amid macro headwinds. Investors are now focusing on fundamentals like profitability and sustainable growth.
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News and Media
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