Nifty Outlook for October 22: Bulls live to fight another day; Jio IPO grabs the spotlight

As much as ₹1.76 lakh crore will re-enter the market system on Thursday as the four IPOs that closed for subscription on Monday, will see their refunds being processed to shareholders who did not receive an allotment. The refunds will include over ₹1.2 lakh crore from the QIB segment and over ₹15,000 crore from the retail segment.

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