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VERIFIEDMint Markets·negative
PB Fintech shares crash 48% in 6 sessions; stock back to IPO price - Should investors change strategy?
AI Summary
- ·PB Fintech shares have declined 48% over seven sessions, with a further 8% drop to ₹980 in the latest session.
- ·The sell-off is attributed to concerns regarding proposed changes to insurance commission rules.
- ·Mutual funds have experienced significant losses as the stock approaches its Initial Public Offering (IPO) price.