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Only two IPOs were awaiting approval for more than three months in November compared to 19 in March 2022, said Buch at an event in Mumbai on Friday.
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While bearish wagers have been growing, the steep rise in yields since mid-September may mean that strong data will hurt the market less than weak data will help it, some investors and strategists say.
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News and Media
The Nifty IT Index gained 3.4% on Friday, led by a 5% jump in TCS shares. The company posted a 12% increase in net profit in the December quarter compared to the previous year.
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