SME IPO Update: Advance Technoforge, Propshop Events & Exhibitions open today; Subscription status and key details

Two SME IPOs, Advance Technoforge and Propshop Events & Exhibitions, opened for subscription on July 27, 2026. Both companies are raising funds through the SME platforms for their respective sectors. Advance Technoforge is a fixed-price issue worth Rs 24.03 crore, while Propshop Events & Exhibitions is a book-built issue. The IPOs received a muted response…

US Stock Market: US investment-grade bond funds see record weekly outflows as inflation fears rattle markets

Investors withdrew a record $7.1 billion from U.S. investment-grade bond funds. Surging oil prices and rising Treasury yields triggered this sharp selloff. High-yield bond funds and leveraged-loan funds attracted modest inflows during the same week. These alternative fixed-income segments are less sensitive to rising yields. The market reflects investor preferences for resilience amid inflation concerns.