NTPC Green Energy shares fell 9% to Rs 96.20 as the 3-month lock-in expired, unlocking 183 million shares (2% of total). The expiry triggered selling pressure, causing a short-term dip, though long-term impact depends on market sentiment and investor confidence. Lock-in periods typically prevent volatility post-IPO by restricting early share sales.
Govt prioritising lower denomination notes and digital transactions: Sitharaman
Union Finance Minister Nirmala Sitharaman emphasized the government’s focus on promoting lower denomination currency and increasing digital transaction awareness. With the Rs 2000 note nearly