National Securities Depository plans to raise funds through an offer for sale. The depository’s IPO valuation is lower than Central Depository Services. India’s demat account penetration shows annual growth. NSDL focuses on institutional clients. Total income and net profit witnessed growth between fiscal year 2023 and fiscal year 2025.
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.