Market move▼ Bearish for Indian equities
NSE shares wipe off Rs 41,000 crore after listing day pop as stock slips below IPO price. Why are analysts still bullish?
The brief
- NSE shares fell below their IPO price after a brief listing-day rally
- The decline wiped nearly ₹41,000 crore off the exchange’s peak market value
- NSE’s valuation and listing performance matter to investors in India’s exchange sector
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