IFCI, New India Assurance, other stocks drop up to 3% as NSE makes a muted market debut. What to expect?
On Thursday, shares of IFCI, New India Assurance Company, and General Insurance Corporation fell up to 3%.
The National Stock Exchange listed with less than a 1% premium over the IPO price.
NSE's initial public offering aimed to raise Rs 22,562 crore entirely through an offer for sale.
Analysts anticipated long-term potential for NSE despite the muted listing, with a target price of Rs 1,965.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
