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The Barflex Polyfilms IPO opened for subscription on January 10 and will close on January 15. Allotment is expected to be finalized on Thursday, January 16. The IPO is set to list on the NSE SME, with a tentative listing date of Monday, January 20.
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So, there is ample opportunity for RBI to intervene and RBI has to keep intervening because at least after the Trump administration comes in, the volatility in the currency can increase in case Donald Trump presses ahead with his America first policy, which can be ultra protectionist.
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Sat Kartar Shopping's SME IPO was fully subscribed with an overall subscription of 60.45 times on January 14. The IPO aims to raise Rs 33.80 crore. The retail portion was subscribed 89.06 times, and the issue price ranges from Rs 77-81. The shares are expected to list on the NSE SME platform on January 17.
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Adani Power Share Price: On Tuesday, January 14, Adani Group stocks such as Adani Power, Adani Energy Solutions, Adani Total Gas, and Adani Green Energy saw significant surges in volume and prices. Adani Power rose as high as 19.3%. The overall market sentiment was positive, with gains in banking, auto, and energy sectors. The BSE Sensex and Nifty50 also traded higher.
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Even likes of Jio Finance, you are getting into good price correction. So, certainly, whatever the requirement of money that we require in our funds, we currently take up this kind of activity and position ourselves in buying these companies.
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