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Market move▼ Bearish for Indian equities
NSE shares dip below listing price — will it rebound or more pain ahead? | Explained with support, resistance, target
The brief
- NSE shares fell to an intraday low of ₹1,790.10, below their IPO price
- NSE’s valuation matters to Indian exchange investors and market participants
- Sensex tanks 730 points amid surging crude oil prices, geopolitical uncertainties
- NSE Shares Slip Below IPO Price After Lackluster India Debut
- KPIT Tech Shares Fall Over 1% After JPMorgan Maintains 'Underweight' Call
- NSE shares fall below IPO price amid broader market crash; here's how you should trade
- Market drift lower in early trade; breadth weak
NSE IPO debut, valuation and self-listing plans
NSE’s ₹22,569 crore IPO was subscribed nearly six times, and its shares opened at ₹1,800 before rising to ₹1,845. The exchange has said it is open to self-listing if SEBI permits; analysts have flagged its valuation of ₹4.4 trillion, or 43 times earnings.
Friday, 25 September
- NSE shares dip below listing price — will it rebound or more pain ahead? | Explained with support, resistance, target