“A quick read would indicate a tilt towards some potential further tightening of monetary policy,” said Gregory Daco, chief economist at EY. “But if you lift the cover and look at the underlying details in this report, actually they mostly point towards the higher likelihood of a pause.”
NSDL IPO witnesses 26% subscription on Day 1 so far. Check reviews, GMP, other details
NSDL’s IPO, a Rs 4,012 crore offer for sale, opened with strong grey market momentum, hinting at 15% listing gains. Brokerages are largely bullish, citing