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Market move▼ Bearish for PB Fintech
How to trade PB Fintech shares after falling 12% from day’s high? This technical analyst explains
The brief
- Shares fell 5% Friday after plunging 36% in the previous session
- Sharp losses expose PB Fintech shareholders to continued share-price volatility
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| POLICYBZR | Fri, 25 Sept | −3.4% | −3.7% | 16× | −3.4% · Nifty +0.3% |
✓ Classifier read this as negative; POLICYBZR fell 3.7% 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
- How to trade PB Fintech shares after falling 12% from day’s high? This technical analyst explains