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Despite the robust bull run in Indian equities since 2020, a significant portion of listed stocks, nearly 10%, are still trading below their pre-Covid levels. Prominent names like Whirlpool, PVR Inox, and RBL Bank have experienced declines, erasing earlier gains. Some fundamentally sound companies, including Aditya Birla Fashion and Hindustan Unilever, are hovering near their pre-pandemic values.
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Financial services received the highest inflows at 17,585 crore in the second-half of the month after they sold these shares worth over 3,000 crore in the first-half of the month. In 2024, overseas investors pulled 58,280 crore out of the shares in the sector.
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News and Media
The regulator issued its final observations on the draft papers last week. When a company receives a final observation from Sebi, it's a signal from the regulator to go ahead with the IPO process.
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News and Media
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