Despite substantial inflows into mid- and small-cap funds this year, these segments are underperforming compared to the Nifty 50. Significant share sales by promoters, private equity investors, and increased IPO activity are absorbing much of the investment. This supply, coupled with cautious institutional allocation, is pressuring mid- and small-cap stock performance.
NSE hires 20 merchant bankers, 8 law firms for IPO
The National Stock Exchange of India has appointed 20 merchant bankers and eight law firms for its upcoming initial public offering (IPO). The IPO will