The surge pushed through its ₹5,235 crore IPO on the final day as the category got oversubscribed by 2.6 times on the third day. The IPO received cumulative bids of about 101.6 million shares against the offered size of 62 million - fully subscribing by 1.6 times.
Robotics is an emerging trend in the artificial intelligence (AI) landscape. Technology companies are leveraging robotics to enhance operations related to warehouse logistics, manufacturing, and more. Earlier this year, investment bank Goldman Sachs published a report in which it forecast the addressable market for humanoid robots reaching $38 billion by 2035.
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Chemicals maker Dow beat first-quarter profit estimates on Thursday, helped by higher sales volumes as global manufacturing activity shows signs of growth. China's manufacturing activity expanded for the first time in six months in March while U.S. manufacturing grew for the first time in about 18 months, benefiting Dow whose products are used in a range of industries.
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Recent data has shown that inflation is still far from the Federal Reserve's 2% target, meaning interest rates could stay higher for longer than investors had expected. In this video, I discuss the latest expectations, how they could affect stocks, and three specific types of stocks that could be big winners once rates finally start to fall.
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