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The initial public offering (IPO) of Unimech Aerospace will open for subscription on Friday. The issue closes on December 17. Through the public offer, the company plans to raise nearly Rs 500 crore. Here are 10 things to know about the Unimech Aerospace IPO before subscribing to the issue.
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The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities, where Tata Consultancy Services and Reliance Industries faced the sharpest erosion. Last week, the BSE benchmark tanked 4,091.53 points or 4.98 per cent.
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The US Feds interest rate cut and yield curve inversion signal potential recession and market corrections, with historical trends showing negative impacts on the S&P 500. Investors should exercise caution and rebalance portfolios.
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