Dhoot Transmission IPO priced at Rs 829-871

Dhoot Transmission has set the price band for its ₹3,067-crore IPO at ₹829–871 per share. The public issue will be open for subscription from August 10 to 12, with Axis Capital, Jefferies India, Kotak Mahindra Capital, Nomura Financial Advisory and Securities, SBI Capital Markets, and 360 ONE WAM serving as the book-running lead managers.

Treasuries rise as falling oil eases pressure on Fed

Treasury yields declined on Tuesday as oil prices dropped significantly. This decrease followed reports of progress toward resolving the Iran conflict. Lower oil prices reduced inflation expectations and Fed rate hike forecasts. The two-year note yield reached its lowest point since late July. The benchmark ten-year yield settled at 4.62 percent.