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The Economic Times
The Economic Times
Debaroti Adhikary

BSE shares fall 3% as rival NSE gets closer to mega IPO. More pain ahead?

BSE NSE IPO Bernstein Debaroti Adhikary SEBI

Shares of BSE tumbled more than 3% on Friday after rival stock exchange NSE announced the price band and key dates for its mega initial public offering (IPO), paving the way for its much-awaited market debut.

BSE shares dropped to Rs 3,193 apiece on Friday morning. Notably, NSE has reduced its offer size to 12.64 crore shares, according to the red herring prospectus (RHP) filed on Thursday.

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