India's NSE falls below IPO price, down 6% from listing day high
BUZZ-India's NSE falls below IPO price, down 6% from listing day high ** National Stock Exchange of India NSEI.BO shares fall 1.5% to 1,765.75 rupees, below IPO sale price of 1,785 rupees
** Stock down about 6% from listing-day high of 1,878 rupees
** Benchmark Nifty 50 index .NSEI down 1.1% on Monday, extending losses after seven consecutive weeks of drops
** Higher oil prices and elevated bond yields globally weigh on risk appetite for broader market
** Since listing last week, NSE down about 3%
(Reporting by Urvi Dugar in Bengaluru)
Recent news on National Stock Exchange Of India
See all newsFactbox: As Reliance Jio eyes listing, what are India's biggest share offerings?
India's derivatives trading volumes may recover after settlement rule changes, analysts say
Factbox: As Reliance Jio eyes listing, what are India's biggest share offerings?
Mukesh Ambani's ill-timed Jio IPO has some logic
Exchanges, brokers rise on report regulator to partly reverse derivative settlement rules