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Market Impact: 0.48
PB Fintech, Turtlemint Shares Extend Slump as Outlook Worsens
Source: Bloomberg
Regulation & LegislationFintechAnalyst EstimatesInvestor Sentiment & Positioning
Shares of India’s online insurance distributors extended their selloff after analysts cut earnings forecasts. The revisions followed an insurance regulator proposal to cap commissions and management expenses, which could materially pressure sector profitability and business models.
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