The European Central Bank has held interest rates steady for the fourth time. Inflation is near the bank's target. The euro zone economy is showing resilience. New forecasts suggest economic growth will strengthen. Inflation is expected to return to the 2% target in 2028. Other central banks like the Bank of England and Federal Reserve have cut rates.
ICICI Prudential Asset Management's IPO saw a strong subscription, indicating a likely firm market debut with potential listing gains of 10-20%. Analysts suggest the stock could list above 2,500, with some assigning a 'Buy' rating and a price target of 3,000. The company's strong fundamentals and industry tailwinds support long-term growth prospects.
