NSE shares: Why do fresh investors need not rush? Explained
NSE share price, Sept. 24 -- After a flat listing of the world's biggest derivative exchange's stock, the newly listed shares of the National Stock Exchange (NSE) extended its gains and touched an intraday high of Rs.1,878 apiece on the BSE, delivering Rs.93 per share listing gain to the allottees. However, the NSE share price failed to sustain higher levels and came under pressure from profit-booking. The NSE share price finished Rs.1,817 per share on the BSE, up Rs.17 from the listing price of Rs.1800.
According to stock market experts, the NSE share price is trading above its listing price, but it finished below the average weighted price of Rs.1,841.50. This means the newly stocked shares have more sellers than buyers, which is bad n...
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