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Ivalue Infosolutions, an enterprise technology services provider, experienced a discounted listing on the NSE and BSE, debuting at Rs 284.95 against an IPO price of Rs 299. The Rs 560-crore IPO, an offer-for-sale, was subscribed 1.82 times, with tepid grey market activity preceding the listing.
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U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market awaits key inflation data, while sectors showed mixed performance, with materials declining and energy rising. Company news included a surge for Lithium Americas and a drop for Micron Technology, influencing overall market sentiment.
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News and Media
Asian stocks showed mixed performance following Wall Street's losses, as an AI-driven rally showed signs of fatigue. Investors are closely watching policy risks, including US investigations into imports and concerns over visa issues affecting Korean investments. Attention is now shifting to upcoming economic data and potential impacts on market direction as October approaches.
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News and Media
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