Value 360 Communications shares debuted on the NSE SME platform Monday. The stock opened at Rs 78.4, a 20% discount to its IPO price of Rs 98. This listing was below grey market expectations. The Rs 41.69 crore IPO saw overall subscription of 1.20 times. Institutional investors showed strong interest, while retail demand was subdued.
New Nasdaq 100 ETF to launch soon, BlackRock fund to give investors exposure to AI-driven tech rally
BlackRock is launching the iShares Nasdaq 100 ETF to capitalize on strong demand for AI-driven technology stocks. The fund will compete with established Nasdaq-100 offerings