BSE shares down nearly 4 pc after stellar debut last week

Shares of newly-listed BSE Ltd today fell by nearly 4 per cent after making a remarkable debut last Friday.
The scrip of the Asia's oldest stock exchange went down by 3.74 per cent to close at Rs 1,029.20 on NSE. During the day, it dipped by 4.31 per cent to Rs 1,023.10.
On the volume front, over 21 lakh shares of the exchange were traded on NSE during the day.
Shares of 140-year-old BSE on Friday saw a huge premium of nearly 33 per cent over the IPO price on its debut trade.
Market regulator Sebi's rules do not allow self-listing of a stock exchange and therefore they can get their shares listed only on another recognised bourse's platform.

The issue by BSE, also the first share sale by a domestic stock exchange, was open to bidding from January 23-25. The IPO saw robust investor demand and was subscribed 51.22 times.
During the initial share sale, shareholders offered 1.54 crore shares estimated to be worth around Rs 1,243.44 crore at the higher end of the price band. The price band was fixed at Rs 805-806.