NSDL’s IPO witnessed significant investor interest, being oversubscribed 41 times, driven primarily by QIBs. Grey market premiums suggest a strong listing, with brokerages recommending a ‘Subscribe’ rating for long-term investors, citing NSDL’s market position and growth potential. The IPO price was set between Rs 760 to Rs 800 per share.
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