Overseas: Dow +0.34% to 12833. S&P +0.23%. Crude +1.05% to $87.66. Stoxx 50 +0.3%. Italy +0.7%. London +0.07%. Germany +0.16%. France +0.44%. US markets are closed today for turkey-day.
Tara Jewels’ 179.5 crore IPO opens today. The company is seeking a P/E multiple of around 11. (ET)
Bankrupt company issuing more debt? Need a passive investor with an infinite supply of capital? Check & Check! LIC and EPFO have agreed to fully subscribe to the Rs 7,400 crore bond sale of Air India. (ET)