We discuss two big stories in today’s Two Sharp with ET with Nisha Poddar. First, the NSE IPO Breakthrough: SEBI Chairman Tuhin Kanta Pandey has stated that all outstanding issues will be resolved “soon,” bringing fresh optimism regarding India’s most anticipated IPO. With a valuation of ₹4.75 lakh crore and over 1 lakh shareholders, NSE’s debut could break listing records. Second, the Sensex Crash: Today’s benchmark index fell by 644 points. We analyse four key reasons for this decline: surging US bond yields, fiscal concerns following Moody’s downgrade of the US outlook, a weak bond auction in the US, and a technical correction after recent highs.
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