Mon, Nov 25, 2024 8:48 PM
Biden policies attract $1 trillion in US economic investments
A Flip by Shubhangi Gupta
The Adani Group's market capitalization has fallen by over Rs 2.44 lakh crore to Rs 11.85 lakh crore due to a US court's indictment of Chairman Gautam Adani, with 5 of its 11 stocks declining, including Adani Green Energy, which fell 9.2% after TotalEnergies SE announced it would not make new financial contributions to the group.
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OrbiMed-backed diagnostic services provider Suraksha Diagnostic has filed red herring prospectus on November 25, opening its maiden public issue for subscription on November 29. The price band details will be disclosed on November 26.The IPO consists of entirely an offer-for-sale of 1.91 crore equity shares by the existing shareholders, with no fresh issue component.
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Wall Street's main indexes opened higher on Monday, with the blue-chip Dow scaling a record high, driven by investor optimism following Scott Bessent's nomination as Treasury Secretary in the incoming Trump administration. The Dow Jones Industrial Average rose 89.0 points, or 0.20%, at the open to 44,385.49. The S&P 500 rose 22.9 points, or 0.38%, at the open to 5,992.28.
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