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UPI has emerged as the favourite mode of payment for small investors, comprising 42% of all retail applications in IPOs in June
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Markets are likely to continue trading rangebound as there is no fresh trigger which can take it above the crucial resistance zones
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Policybazaar has joined a number of other new-age fintech peers like Paytm, Mobikwik & Fino Payments Bank who have announced their IPO
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The demand for housing continues to remain strong and business has reverted to normalcy in the months of June and July 2021
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Post stellar Q1 result most brokerages have re-rated stock and believe that it can touch Rs 900 apiece in the near term
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The Rs 731-crore IPO received bids for 74,16,00,096 shares against 56,85,556 shares on offer, as per data available with NSE
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The largest franchisee of Pizza Hut, KFC and Costa Coffee in India has fixed a price band of Rs 86-90 a share for its Rs 1,838-crore IPO
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The valuation of the Unacademy Group has risen almost ten times over the last 18 months.
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There could be some consolidation in the short term but positionally we can expect the Nifty to claim 16,000 and 16,100
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Sensex opened 355 points or 0.68% higher at 52,942, while the Nifty 50 advanced 96 points or 0.61% at 15,859