The Indian stock market has historically witnessed significant volatility, with intra-year drawdowns of 10 per cent or more recorded in 22 times out of the last 25 years, according to a recent report by Motilal Oswal.
The offer, priced between Rs 102 and Rs 108 per share, will remain open until Friday, aiming to raise a total of Rs 10,000 crore. NTPC Green Energy Limited (NGEL) is scheduled to list on stock exchanges on November 29.
The government PSU stocks or CPSEs will now give a minimum annual dividend of 30 per cent of their profit after tax (PAT) or 4 per cent of their net worth to ensure consistent returns to shareholders.
The Indian stock markets are closed on Friday in observance of Prakash Gurpurb, marking the birth anniversary of Guru Nanak Dev, the founder of Sikhism.
New Delhi [India], November 12: Trading on financial markets can be an incredibly exhilarating experience, especially for novice traders. Investing in stocks, cryptocurrencies and commodities can be highly profitable but comes with inherent risks.