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If the latest IPOs give handsome returns, one could expect the virtuous cycle to continue as listing gains will then be deployed in other stocks
Aster DM Health, Shradha Infraproject, Marksans Pharma, Torrent Power and Minda Corp., hit their fresh 52-week highs during the day.
The Nifty Bank index closed 1.56 per cent up at 44566.45.
The Nifty Auto index closed 1.63 per cent up at 17482.45.
The Nifty Realty index closed 0.5 per cent down at 703.45.