HDB IPO triggers grey market reset: NSE, NSDL, Tata Capital shares dip in unlisted trade; retail FOMO persists despite valuation concerns
Investor confidence in India’s unlisted securities market has taken a hit after HDB Financial Services’ Initial Public Offering was priced significantly below grey market expectations. The impact has rippled across high-profile pre-IPO stocks like NSE, NSDL and Tata Capital, whose unlisted values have dropped between 5% and 18% in recent weeks, according to an ET … Read more