Non-Convertible Debenture (NCD) IPOs offer investors a safer and more stable investment opportunity with consistent income flow. NCDs have high yields that often outpace bank FD rates and are a good channel for institutions to raise debt capital from the retail segment
As the curtains draw on the trading year, the market experienced mild profit booking on the final trading day. However, the prevailing optimism is anticipated to spill over into the new year, buoyed by the excitement surrounding rate cuts and the decline in bond yields.
On Thursday, 1815 stocks advanced, 1973 declined and 132 remained unchanged, with an advance decline ratio of 0.91 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.