NSE’s Long-Awaited Debut Comes as India Trading Boom Cools

Subdued retail demand for the IPO and the gray market indicating a gain of about 2%-3% suggest that a blowout first-day pop is unlikely.

By Rajesh Mascarenhas and Pratigya Vajpayee · Bloomberg Markets

Subdued retail demand for the IPO and the gray market indicating a gain of about 2%-3% suggest that a blowout first-day pop is unlikely.