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HDFC Bank, Bharti Airtel, Infosys, ICICI Bank, and M&M contributed over 50%, or 5,700 points, to the recent 10,000-point Sensex rally, as the index surged 13.16% from 75,000 to 85,000, outperforming markets in Japan, France, and China during this period.
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News and Media
Swiggy has received market regulator approval for its $1.25-billion IPO, signaling strong interest in new-age investments amid India's consumer boom. The Bengaluru-based company will raise 3,750 crore in fresh capital and offer up to 6,664 crore through an offer-for-sale. Major investors like Prosus and SoftBank are expected to sell part of their holdings.
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Equity markets closed nearly unchanged on Tuesday. Shares of EaseMyTrip, Exxaro Tiles, NBCC, PC Jewellers, Delta Corp, and Tata Power will be in focus due to various developments. Notable updates include promoter stake sales, block deals, Supreme Court petitions, stock splits, qualified institutional placements, demergers, and a fire incident at Tata Power's Trombay plant.
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News and Media
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