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NFO period extended till 29 September 2022

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P I Industries Ltd witnessed volume of 10.07 lakh shares by 10:46 IST on BSE, a 40.66 times surge over two-week average daily volume of 24777 shares

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Tata Steel Long Products, Tinplate Company of India, Tata Metaliks, and TRF shares all experienced a 2—9% decrease

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Mahindra & Mahindra Financial Services tumbled 11.58% to Rs 197.85 after the Reserve Bank of India (RBI) on Thursday barred the NBFC from appointing any agents for recovery or repossession.

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Analysis of passive funds, both FIIs and domestic MFs, shows that total passive AUM is up 17%, and within that, domestic passive MF AUM is up by 29% to US$53 billion. Leading up to Nifty inclusion, stocks significantly outperform, but this substantially reverses within 3 months of the event. Similarly, exclusion leads to underperformance. IIFL Capital Services has added Maruti to its list of large cap top picks.

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This is the first USFDA inspection of this facility.

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Shilpa Medicare rose 1.48% to Rs 391.35 after the company said that its Analytical Services Division situated at Nacharam, Hyderabad, Telangana has received US FDA clearance the Establishment Inspection Report (EIR) for the facility.

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Stock price down after RBI directs it to not use third party recovery agents

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