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The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.

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Among major gainers were Axis Bank, Bajaj Finance, and ICICI Bank. Sectorally, Nifty Bank and Financial Services surged over 1%. Meanwhile, US tech market saw notable declines, with Nasdaq dropping 3% ...