US President Donald Trump on Sunday (local time) claimed credit for the record stock market performance and gains in American national security--calling it driven by tariffs. He also predicted Dow to touch a record 100,000 by the end of his term.
The Sensex, a prominent indicator of India's stock market performance, surged 331.91 points, opening at 65,844.38. Similarly, the Nifty opened 78.50 points higher, beginning the day at 19,590.85.
As per the EY (Ernest and Young) report, when the total number of EMEIA IPOs fell by 53 per cent and the amount raised plummeted by 55 per cent (358 IPOs and USD 49.9 billion), the number of Indian IPOs increased from 134 to 138, raising a total of USD 7.5 billion.