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M1 exchange’s trade platform has already received a licence from the Gujarat GIFT city regulator International Financial Services Centre Authority (IFSCA) along with three other platforms

Arm was taken private seven years ago for $32 billion by SoftBank, which has been looking to cash out some of its stake since at least 2020, when it signed a $40 billion deal with chipmaker Nvidia for Arm

The Dow Jones Industrial Average rose 111.97 points, or 0.32%, at the open to 34,687.50

The offer is being made through the book building process, where 75% of the issue is reserved for qualified institutional buyers, 10% for non-institutional investors and the rest 10% for retail investors

The IPO comprises fresh equity issue worth Rs 602 crore and an offer for sale (OFS) of up to 1.21 crore shares

We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout.

Thanks to the strong buying by domestic institutions and retail investors, India became one of the best-performing markets globally this month. Domestic institutional investors have poured in about Rs 85,900 crore ($1 billion) so far in September.

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