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The current fiscal so far (April-September 2023) has seen 31 mainboard IPOs, compared with 14 IPOs during the year 2022-23

The Nifty50 has decisively broken its crucial support of around 19,850-19,900 levels and closed at 19,674 for the last week. The next critical support is likely to be 19,500-19,400 area

The real action will be seen in the SME segment as 12 IPOs worth Rs 431-crore are ready to be launched next week, with five of them opening on September 25.