Policybazaar
PolicyBazaar hits over 5-month high; surges 30% thus far in February
The company expects adjusted EBITDA to turn positive in current quarter (Q4FY23).
 "PolicyBazaar hits over 5-month high; surges 30% thus far in February")
Is the worst over for new-age tech companies? Here's what analysts say
Shares of Paytm, FSN e-Commerce Ventures (the parent firm of Nykaa), PB Fintech (parent firm of Policybazaar), and CarTrade Tech surged up to 17 per cent in a month
 "Is the worst over for new-age tech companies? Here's what analysts say")
YES Bank, PolicyBazaar added to FPI cart in October-December quarter
FPI holding rose to 20.18%, reinforced by Rs 47,349-crore inflows
 "YES Bank, PolicyBazaar added to FPI cart in October-December quarter")
New-age stocks in focus; Paytm, Policybazaar, Zomato, Nykaa gain up to 10%
In the past one year, these stocks have underperformed the market by falling between 31 per cent and 53 per cent, as against 5 per cent rise in the Sensex
 "New-age stocks in focus; Paytm, Policybazaar, Zomato, Nykaa gain up to 10%")
India's fallen tech darlings value buys for Franklin after $20 bn wipeout
Funds managed by Franklin Templeton bought at least 3.3 million shares of e-commerce logistics provider Delhivery Ltd. and more than 2 million shares of PB Fintech Ltd
 "India's fallen tech darlings value buys for Franklin after $20 bn wipeout")
71% IPOs of 2022 at premium; will retail investor euphoria sustain in 2023?
Adani Wilmar, Venus Pipes & Tubes, Hariom Pipe Industries and Veranda Learning Solutions are the top multi-bagger debutants that delivered 109-135 per cent returns in 2022
 "71% IPOs of 2022 at premium; will retail investor euphoria sustain in 2023?")
Softbank halves stake in Policy Bazaar parent, mops up Rs 1,043 crore
Sells 22.84 million shares, or 5.08% stake, at Rs 456.4 apiece; 30 institutional investors among buyers
 "Softbank halves stake in Policy Bazaar parent, mops up Rs 1,043 crore")
Sensex snaps 8-day winning run, ends 415 pts lower; IT, Auto stocks weigh
CLOSING BELL: The NSE Nifty shut shop at 18,696, down 117 points. Broader indices - BSE Midcap and Smallcap bucked the trend, and were up 0.8 per cent and 0.7 per cent, respectively, on Friday.
 "Sensex snaps 8-day winning run, ends 415 pts lower; IT, Auto stocks weigh")
PB Fintech surges 6% after 5% equity changes hands on the NSE
Around 22.84 million shares representing 5 per cent of total equity of PB Fintech worth of Rs 1,042.53 crore changed hands in pre-open deals on the NSE today, the exchange data shows.
Stocks to Watch: PB Fintech, NMDC, Axis Bank, Yes Bank, ONGC, Auto, Airline
Stocks to Watch Today: SoftBank Group is likley to sell a 5 per cent stake in PB Fintech via block deal at a base price of Rs 440 per share on Friday.
 "Stocks to Watch: PB Fintech, NMDC, Axis Bank, Yes Bank, ONGC, Auto, Airline")
SoftBank plans to sell 5% stake in PB Fintech via block deal: Report
The block deal on Friday could be at a base price of 440 rupees per share, CNBC-TV18 said in a tweet. PB Fintech's shares closed at 461 rupees on Thursday
 "SoftBank plans to sell 5% stake in PB Fintech via block deal: Report")
Removal of cap: Insurers to get flexibility to allocate commissions
According to Irdai, the revised draft regulations on commissions emphasise on the board's oversight through a board-approved policy on the payment of commission
 "Removal of cap: Insurers to get flexibility to allocate commissions")
Withdrawal of start-up IPOs take wind out of sails of unlisted market
Share prices, trading activity slump amid rising uncertainty for startup listings
 "Withdrawal of start-up IPOs take wind out of sails of unlisted market")
Carlyle Group sells Rs 607 crore shares in logistics firm Delhivery
The six-month post-initial public offering (IPO) lock in on shares of Delhivery ended on November 20
 "Carlyle Group sells Rs 607 crore shares in logistics firm Delhivery")
As SoftBank sells stake in Paytm for $215 million, more could follow
The price range for the shares was set between Rs 555 to Rs 601.45, which would mean a discount of 7.7 per cent
Start-up meltdown continues as pre-IPO investors look to sell stake
Paytm shares go down 10 per cent after SoftBank pares holding; Delhivery, PolicyBazaar under pressure
 "Start-up meltdown continues as pre-IPO investors look to sell stake")
Nykaa shares slump as one-year lockup period of pre-IPO investors ends
Selling pressure from pre-IPO investors feared in four start-ups this month
 "Nykaa shares slump as one-year lockup period of pre-IPO investors ends")
Here's why LIC, PB Fintech, Delhivery sunk to all-time lows in a firm mkt
With Friday's decline, the stock price of Delhivery has corrected 46 per cent from its record high level of Rs 708.45, which it had touched on July 21, 2022
 "Here's why LIC, PB Fintech, Delhivery sunk to all-time lows in a firm mkt")
Stock of this fintech company has tanked 70 per cent from its record high
With 28 million shares opening up on November 15, 2022, along with 4 million shares that were already unlocked for AIF / FVCI investors, the float for PB Fintech is expected to go up significantly
 "Stock of this fintech company has tanked 70 per cent from its record high")
Sensex ends choppy day 337pts down; Nifty atop 17,600; banks dip, FMCG gain
CLOSING BELL: Sectorally, indices ended mixed with the Nifty FMCG index rising over 1 per cent, while the Nifty Bank, and Financial Services indices falling up to 1.4 per cent each
 "Sensex ends choppy day 337pts down; Nifty atop 17,600; banks dip, FMCG gain")
