India’s unlisted equity market faces a sharp correction. Shares of NSE, NSDL, and Tata Capital decline from recent peaks. HDB Financial’s discounted IPO and regulatory actions against Jane Street impact market sentiment. Tata Capital’s rights issue adds to valuation concerns. Analysts suggest a broader valuation reset is underway. Investors are advised to be cautious of valuations and growth potential.
IPO rush continues: 7 issues to raise over Rs 1,400 crore this week
This week, investors can look forward to three mainboard initials and four SME IPOs, with a combined goal of raising over ₹1,400 crore in the