National Securities Depository Ltd (NSDL) debuted strongly on the market at ₹880, a 10% premium over its IPO price of ₹800, and closed 17% higher at ₹936. The ₹4,012-crore IPO was heavily oversubscribed, reflecting strong investor demand. NSDL’s market capitalization reached ₹18,720 crore, while its peer CDSL boasts a market value nearly double that amount.
BlackRock expands AI push with new robotics ETF as investor enthusiasm cools
BlackRock has launched a new robotics focused ETF as investors become more selective about AI investments. The fund targets companies using intelligent machines across industries