NSDL shares jumped 6.6% to ₹997.65 on Thursday, extending their post-listing rally to 13.4% from the opening price of ₹880. Listed a day earlier at a 10% premium over the ₹800 IPO price, the stock has shown strong early gains but still trails the grey market premium, prompting investors to reassess holding vs. booking profits.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.