On Monday, the rupee was trading at 86.58 against the dollar, a fresh low amid a rising dollar and outflows from Indian equities
Five of the 11 S&P 500 sectors declined, led by a 1.8 per cent drop in Technology stocks. Megacaps were down, with Tesla sliding 2 per cent, Apple dropping 2.7 per cent
The company, which is the largest broker and also the biggest mutual fund (MF) distributor, plans to raise around $700 million (around Rs 6,000 crore)
ICICI Prudential MF says investors should prefer hybrid, large-cap schemes
The initial share sale received bids for 4,73,96,250 shares against 89,70,371 shares on offer, translating into 5.28 times subscription