Iran war drains US missile arsenal, fuels fears over weak China deterrence

Waterways Leisure Tourism IPO: The IPO received a lukewarm response on its final day of bidding, with the issue subscribed only 69% overall. While retail investors showed strong interest, subscribing their portion three times, participation from institutional investors remained weak.

London’s FTSE 100 saw a slight dip as precious metal miners declined, countered by gains in financial stocks. EasyJet surged on a sweetened takeover bid, while ITV advanced after agreeing to sell its media division. Investors are also watching for potential boosts to the UK government bond market from the Bank of England, amidst ongoing…

Baroda BNP Paribas Aqua Fund of Fund is once again open to fresh subscriptions after a brief pause. Following regulatory nods, the fund aims to efficiently handle overseas investment limits. Investors should avoid market timing; instead, utilizing SIPs or STPs for cost averaging is encouraged. For those seeking global exposure, consider alternatives like GIFT City…