A 5-10% correction is pretty normal for equities, so I am not really perturbed by the same. It can be attributed to mostly global factors viz. the geopolitical situation in Israel and Ukraine, oil prices remaining high and interest rates in the western world continuing a rising trajectory.
Northern Arc Capital IPO subscribed 2.87 times on Day 1. Check GMP, other details
Northern Arc Capital’s IPO, which opened for subscription on Monday, saw strong demand, especially from retail investors. The IPO was subscribed 2.87 times on the