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According to IPO market watchers, Tata Capital's grey market premium stood at 5 apiece, or 1.5%, over the upper end of its price band of 326 on Tuesday evening. LG shares were at 27.4%, or 312 premium to the upper end of the issue price of 1,140.
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It was previously thought the delivery service could face disruption for several days after some drivers began three days of action.
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Investors can find value in Nifty Private Bank index exchange-traded funds. These funds track private banks whose share prices have declined. Valuations are now below their ten-year average. Private banks contribute significantly to corporate profits. They are well-positioned for India's economic growth. This investment is suitable for experienced investors aware of market volatility.
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