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Mahendra Realtors and Infrastructure is set to debut on the NSE SME platform on Wednesday, following a Rs 49.45 crore IPO that was oversubscribed 25.15 times. Despite strong investor demand, the stock shows no grey market premium, suggesting a flat listing at Rs 85 per share.
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More than 23 million coins are being released, alongside 7.5 million new King Charles III coins.
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Asian equities declined following Wall Street's tech selloff, triggered by Nvidia's slump and concerns over an overextended rally. Investors are reducing tech positions amid worries the rally has moved too fast, with attention shifting to Jerome Powell's upcoming speech at Jackson Hole.
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