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Manba Finance's IPO opened for subscription today and will close on September 25. The company aims to raise around Rs 151 crore through a fresh issue of up to 1.25 crore shares. The price band is set at Rs 114-120 per share, with shares trading at a premium in the unlisted market.
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Bitcoin surged to one-month highs following the Federal Reserve's significant rate cut, while the yen and other major currencies remained stagnant. The Bank of Japan kept interest rates unchanged, affecting the yen's recent gains. U.S. Treasury yields steepened, and economists predict further Fed rate cuts this year.
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Overseas investors purchased Indian equities worth 32,779 crore across 17 sectors in the first half of September. Financial services received the highest inflows at 12,253 crore. Healthcare, consumer durables, and FMCG sectors also saw significant investments. However, the automobile sector faced the highest outflows at 1,983 crore.
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