NSDL hits new low, down 8% vs IPO; CDSL up 748%; analysts decode divergence
Indian markets moved lower in an ipo & listings development for FY27.
· Business Standard Mkts
NSDL hit a new lifetime low on Friday; the stock shed 7% in FY27 and was down 48% from its peak. CDSL gained 13% so far this fiscal but has declined 38% from its December 2024 summit.
Key facts
- Period
- FY27
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- The immediate tone of coverage reads negative.
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