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Unified Data-Tech Solutions launched its IPO on May 22, aiming to raise Rs 144.47 crore through an offer for sale. With a price band of Rs 260-273 per share, the IPO closes on May 26 and anticipates listing on the BSE SME platform. The company, specializing in IT solutions, reported strong financials and expects a listing price around 331.
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News and Media
U.S. stocks plummeted on Wednesday as Treasury yields surged amid concerns over the potential increase in U.S. government debt due to President Trump's proposed tax-cut bill. All major Wall Street indexes experienced their largest daily losses in a month, with small-cap stocks also suffering significant declines.
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News and Media
Asian stock markets saw a decline following Wall Street's losses. Concerns about the United States' deficit impacted investor sentiment. Treasury yields rose, particularly for long-term debt. Weak demand at a bond auction heightened worries about US borrowing. This development dampened the recent recovery in risk assets. The market is reacting to deficit concerns and budget debates.
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News and Media
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