S&P BSE IPO index plunges 6%; 31 stocks hit lowest levels since listing

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.

The S&P BSE IPO index, the top loser among all major indices, was down 6 per cent at 9,293.40 on the BSE in intra-day trade. In comparison, the S&P BSE Sensex was down 3 per cent at 55,448 points. In the past three months,