The ₹5,710-crore IPO of PB Fintech, that operates Policybazaar, received bids for 57.24 crore equity shares against an offer size of 3.45 crore shares.

BlackRock, CPPIB, GIC, ADIA among top investors to have picked up stake in Rs 18,300 crore IPO.

Revenue from operation was up 35.82 per cent to Rs 3,027.31 crore during the quarter under review as against Rs 2,228.75 crore in the corresponding period of the previous fiscal year.

Total revenue from operations during the quarter stood at Rs 2,249.56 crore as against Rs 2,133.6 crore in the year-ago period.

In another transaction, WHV-EAM International Small Cap Equity Fund bought 1.5 million shares of Minda Corporation at Rs. 174.6 apiece through a bulk deal on the NSE.

The Fed said it would reduce Treasury purchases by $10 billion and mortgage-backed securities by $5 billion, marking the beginning of the end of the program aimed at shielding the economy from Covid-19.

Assuming there are no negative reactions to deal with, the market is likely to see a rangebound session, with limited downsides. As per the options data, there are low chances of Nifty slipping below the 17,800 levels.

The Dow Jones Industrial Average rose 6.46 points, or 0.02 per cent, at the open to 36,059.09.

Rohit Singre, Senior Technical Analyst at LKP Securities said Nifty50 has formed a small consolidation zone of 17,600-18,000.

Fino Payments Bank or FPBL is a scheduled commercial bank serving the emerging Indian market with its digital-based financial services.