Tag: stock market
CDSL Shares Drop as NSDL IPO Sparks Market Shakeup and Investor Anxiety
CDSL shares plunged nearly 3% as investors eye the major ₹4,011.6 crore NSDL IPO set for July 30–August 1. Experts warn of more short-term drops for CDSL with its high PE ratio and rising competition, urging investors to stay alert as the depository sector faces big changes.
IPO Sees 11% Grey Market Premium Surge Ahead of Opening—Price Band Set at ₹700-740
A yet-to-be-listed company's IPO is drawing heavy interest in the grey market, with shares trading at an 11% premium ahead of its official launch. Priced at ₹700–₹740 per share, the IPO’s momentum points to lively market sentiment, sparking conversations among potential investors.
Stock Market Sees Volatile Session as Sensex Climbs Amidst Varied Sector Performance
Stock markets in India experienced a day of ups and downs, with the Sensex inching higher despite global unrest impacting investor sentiment. Boosted by sectors like financials and pharmaceuticals, the market showed tenacity while facing challenges from media stocks and foreign investment outflows. The ongoing turbulence stems from geopolitical factors, especially potential U.S. tariffs on Indian goods.