PolicyBazaar closed at 379.45, down by 2.9 percent from its previous close . PolicyBazaar was closed at 379.45, down by 2.9 percent from its previous close .
Even as analysts were optimistic about the stock's prospects, fashion retailer FSN E-Commerce Ventures, Nykaa's parent company, has come under intense selling pressure on Tuesday, when another investor sold 33 lakh shares in an open market transaction for Rs 67 crore, according to NSE research head Rahul Sharma.According to the author, PB Fintech, who operates the insurance marketplace PolicyBazaar, has the ability to not only break-even but also turn money-making on a long-term basis.The prohibitions on pre-investors in Policybazaar also expired on November 10.Policybazaar was closed at 379.45, down by 2.9 percent from its previous close.