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Some of the marquee investors such as Shankar Sharma, Amit Bhartia-erstwhile Partner, GMO Singapore Pte, have invested in the pre-IPO funding in their personal capacities. Marquee institutional investors, including NAV Capital Emerging Star Fund and Rajasthan Global Securities, have also invested in the pre-IPO stakes in the company.

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Analysts said the recent price action suggests the index is preparing for a downward trend. 17,700 and 17,500 will be key supports for the index incoming days, whereas any upside will be dependent upon a decisive break of the 18,000 level, analysts said.

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The rolled out number can be attributed to decline in average prices of edible oils in August, reflecting the transmission of the import duty cut by the government as well as the ongoing downtrend in global prices. Some of the key constituents of the Indian staple diet including pulses, rice and wheat witnessed an increase in their average prices on the back of record heatwave and squeezing household budgets.

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“This quarter and the next would not be a great time for IT companies, but from the March quarter onwards, till the next year when budgets are reallocated, IT companies will do well and perhaps stock markets will typically lead this anticipation by about two or three months. This might be an interesting time to take IT on for the next five to six years as a cycle.”

Nifty Bank: Key levels to watch out for on Tuesday

Updated at : 2022-09-13 11:46:35

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"The undertone remains bullish, and one should keep a buy-on-dip approach with strong support at the 40,000-39,800 zone. The immediate hurdle on the upside is placed at 40,700 and once taken out will witness a swift move towards 41,500-41,800 levels," Shah, a Senior Technical Analyst at LKP Securities, said.

The India-focused investor is raising its stake in the financial inclusion space at a time when the country is expected to emerge as the fastest-growing major economy. India has recently earned the distinction of being the fifth largest economy, overtaking the UK.

​"Overall revenue of the company will grow by 14 per cent to Rs 13.4 billion, with MF revenue growing at 13 per cent. MF yields are expected to remain 3.2 bp as the benefit of a rise in equity AUM will be partially offset by an increase in total AUM

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The blockchain intends to build private, autonomous platforms for free speech and an open peer-to-peer economy.

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When the global economy crashed in March 2020 and markets went into free fall, the U.S. Treasury market - the $25 trillion bedrock of the global financial system - broke down. Sellers struggled to find buyers, and prices whipsawed higher and lower. The Fed stepped in, devoting trillions of dollars to steadying the market.

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