Attovia Therapeutics prices upsized IPO at $17 per share

US Federal Reserve is expected to hold rates steady at its July meeting despite inflation hitting a three-year high. Markets see a possible pause now, but still price in a higher chance of a rate hike in September as core inflation remains elevated.

Indian equity markets rebounded sharply, ending a five-session losing streak as easing West Asia tensions, lower crude oil prices and upbeat earnings lifted sentiment. Sensex surged 776 points, Nifty neared 24,000, while experts see 24,150 as the next key resistance.

Moody’s Ratings has confirmed the ratings for both State Bank of India and HDFC Bank, attributing a stable outlook to their robust asset quality. SBI excels with its diverse lending practices and stable net interest margins, while HDFC Bank is bolstered by a strong retail presence that ensures a low-cost deposit base. The agency forecasts…