NSE Stock Falls Below IPO Price, Wiping Out Rs 41,000 Crore in Investor Wealth

NSE vs BSE shares: NSE falls 1.4% in a week but BSE gains 2%; what lies ahead? Support, target price, rationale

Since its IPO, NSE shares have declined below their listing price, contrasting with BSE's gains. Analysts expect NSE to recover due to its market dominance, although concerns over trading volumes impact BSE's outlook.

NSE stock falls below IPO price, wiping out Rs 41,000 crore in investor wealth

Digital Desk | Mumbai, Oct 6 (IANS) Less than two weeks after its stock market debut, shares of the National Stock Exchange (NSE) have slipped below their initial public offering (IPO) price, wiping out all listing-day gains and reducing the exchange's market value by nearly Rs 41,000 crore from its peak. NSE shares were listed on the BSE at Rs 1,800 apiece on September 24, a modest premium of less than 1 per cent over the IPO price of Rs 1,78…