NSE IPO: NSE Shares to Debut on Metropolitan Stock Exchange Along with BSE Tomorrow
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4 Articles
NSE IPO: NSE shares to debut on Metropolitan Stock Exchange along with BSE tomorrow
NSE shares are set to make their much-awaited market debut on September 24, with trading scheduled on both BSE and the Metropolitan Stock Exchange of India (MSEI). The listing follows a Rs 22,562 crore IPO that drew strong demand, with the issue subscribed nearly six times and QIBs bidding nearly 13 times their quota.
A very important news has come out for investors in the Indian stock market. After the IPO of the National Stock Exchange (NSE), its shares will be traded not only on the BSE but also on the MSEI. This will give investors a new option to buy and sell shares and increase liquidity. Secondly, on the day of listing, large funds may sell ₹10,000 crore but due to the demand of buyers, the market is likely to easily handle this pressure.
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