S&P BSE IPO index plunges 6%; 31 stocks hit lowest levels since listing
In the past three months, the IPO index has tanked 31 per cent as against 5 per cent decline in the S&P BSE Sensex
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Experts further said that retail investors should be clear on whether they are taking short-term positions based on the sentiment or investing for the long term.
Shares of recently listed companies continued to be under pressure with the S&P BSE IPO index falling 6 per cent on the BSE in Thursday's intra-day trade. The sharp downfall happened after market sentiment turned sour after the Russian military launched attack on Ukraine with reports of blasts in several major cities of the country.
Topics : Buzzing stocks BSE IPO Markets