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BUSINESSBloomberg Markets·3d ago

NSE’s Long-Awaited Debut Comes as India Trading Boom Cools

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AI TLDR · GEMINI

The National Stock Exchange's IPO is launching amid a cooling trading boom in India. Retail demand is subdued, and analysts do not expect a significant first-day price surge.

Subdued retail demand for the IPO and the gray market indicating a gain of about 2%-3% suggest that a blowout first-day pop is unlikely.

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