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In the upcoming week, mainboard IPOs of Juniper Hotels and GPT Healthcare will hit the street to raise over Rs 2,000 crore. Meanwhile, SME companies Zenith Drugs and Dream Roll Tech are also scheduled to launch their issues.

The appetite for tech stocks has been relentless this year, with an index of Magnificent Seven notching additional almost 12% so far in 2024. And the latest fund flow data shows global investors are adding to their bets.

A Commerce Department report showed U.S. retail sales dropped 0.8% in January, weighed by declines at auto dealerships and gasoline service stations.

The strategic review will include an assessment of the 70.68% shareholding of Novartis AG in Novartis India. Novartis said there is no assurance that the strategic review of Novartis India will be completed in 2024, or that the outcome would result in the implementation of any transaction.

Toronto-listed Fairfax’s shares have recouped all losses after a short seller report on 8 February alleged asset value manipulation by the company

The percentage of foreign holdings in government debt is between 2% and 17% and is unlikely to go up to levels which can cause disruptions. Rather the persistent and long-term nature of these flows will help ease bond yields and support government borrowing, Ashima Goyal said.

The Dow Jones Industrial Average fell 21.41 points, or 0.06%, at the open to 38,751.71.

​Roku dropped nearly 20% on Friday after the streaming-service provider forecast a steeper-than-expected first-quarter loss, as it struggles to compete with heavyweights such as Netflix and Amazon for advertising dollars.