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Market move▼ Strongly bearish for PB Fintech
PB Fintech and Turtlemint shares extend losses as outlook worsens
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| HOMEFIRST | Fri, 25 Sept | −3.0% | −3.3% | 2.7× | −3.0% · Nifty +0.3% |
✓ Classifier read this as negative; HOMEFIRST fell 3.3% against the Nifty on the day it traded.
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IRDAI's proposed insurance distribution reforms
IRDAI proposed phased cuts to insurers’ expense limits, commission caps and a ban on compulsory insurance bundling with loans. The proposals prompted debate over premiums, mis-selling and distributor payouts, while reports highlighted possible earnings risks for PB Fintech.
Friday, 25 September
- PB Fintech and Turtlemint shares extend losses as outlook worsens