India's National Stock Exchange IPO set to open amid derivatives slowdown
India’s stock market is gearing up for one of its most anticipated market listings, as the National Stock Exchange's IPO opens for its main subscription on Sept 17. At over US$2 billion, it's expected to be one of India's biggest-ever offerings. But it comes at a time when trading volumes in the derivatives market have come under pressure, which analysts say is making investors cautious about capital market firms. Rebecca Bundhun filed this report for CNA from Mumbai.
India’s stock market is gearing up for one of its most anticipated market listings, as the National Stock Exchange's IPO opens for its main subscription on Sept 17. At over US$2 billion, it's expected to be one of India's biggest-ever offerings. But it comes at a time when trading volumes in the derivatives market have come under pressure, which analysts say is making investors cautious about capital market firms. Rebecca Bundhun filed this report for CNA from Mumbai.
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