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National Stock Exchange of India (NSE) debuts its IPO, but retail demand is sluggish, with grey market expectations of only a 2-3% gain on the first day.
Bloomberg Markets reports that the highly anticipated initial public offering (IPO) of the National Stock Exchange of India (NSE) has officially launched, but weak demand from retail investors, coupled with grey market trading indicating only a 2%-3% gain, suggests its first-day share price is unlikely to see a significant surge.
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