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IPO buzz on the Street as dozen finserv players line up Rs 55,000 cr issues

Read more about IPO buzz on the Street as dozen finserv players line up Rs 55,000 cr issues on Business Standard. As Paytm board reportedly approving a share sale plan running north of Rs 22,000 crore,IPO market is set for a big days as over a dozen finserv players are set to mop up over Rs 55,000 cr this fiscal ....

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ipos: IPO pie set to grow bigger as over a dozen financial services players line up Rs 55,000 crore issues

If Paytm s Rs 22,000 crore IPO issue materialises, it will be the largest IPO ever in the country, eclipsing the hitherto largest issue the Rs 15,000-crore share sale by the government in Coal India in October 2010, says investment bankers seeking not to be quoted. ....

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Indian shares end slightly lower as global inflation worries weigh

Indian shares ended a tick lower on Tuesday as concerns around rising global inflation and high valuations in the domestic market outweighed optimism around the country's declining COVID-19 cases. ....

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Indian shares pause rally as some banks, Reliance fall after run-up

Indian shares paused on Wednesday after two days of sharp gains as energy and financial stocks ceded ground, while Asian peers retreated over concerns of an uptick in U.S. inflation. ....

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Indian shares rise; PSU stocks climb on capital infusion

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BENGALURU (Reuters) - Indian shares edged higher on Thursday, led by metals and information technology stocks, while the government s capital infusion in some state-run lenders boosted public sector banks.
The blue-chip NSE Nifty 50 index was up 0.2% at 14,713, as of 0537 GMT, while the benchmark S&P BSE Sensex gained 0.3% to 49,665.
Today s rise has been largely due to U.S. announcing infrastructure plan. That is likely to kick-start a commodity cycle and also make people hope for strong economic growth, Anand James, chief market strategist at Geojit Financial Services in Kochi said.
U.S. President Joe Biden on Wednesday outlined a broad plan to re-make the world s biggest economy including spending on roads, railways, broadband, clean energy and semiconductor manufacture. ....

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