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NSE IPO Buzz Loses Steam, NIACL And IFCI Shares Plunge Up To 14% As Grey Market Premium Slides
Summary by The Mumbai Editorial Desk Free Press Journal
· September 8, 2026
· 1 min read
Photo: Free Press Journal · view original
Story provenance No corrections
Summary created by The Mumbai Editorial Desk — automated, rule-governed Published by Free Press Journal Original story Read at the source Source published Sep 8, 2026 Indexed here Sep 8, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points A significant stake in the National Stock Exchange is held by New India Assurance Company Ltd, which may explain its sensitivity to developments surrounding the exchange. Shares of certain companies have taken a hit, with declines of up to 14% reported.
Shares of certain companies have taken a hit, with declines of up to 14% reported. This downturn is linked to a sharp correction in the grey market premium. A significant stake in the National Stock Exchange is held by New India Assurance Company Ltd, which may explain its sensitivity to developments surrounding the exchange.
The stock price of New India Assurance Company Ltd had previously rallied, but it has now fallen. IFCI shares also experienced a decline, touching a low point during the day.
Further information about these developments can be found in the original report, which provides more details about the shares and their recent performance.
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Category: business Published: September 8, 2026 Source: Free Press Journal Reading time: 1 min
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What is this story about? Shares of certain companies have taken a hit, with declines of up to 14% reported. This downturn is linked to a sharp correction in the grey market premium. A significant stake in the National Stock…
When was this published? This article was first published on September 8, 2026 by Free Press Journal and curated for The Mumbai readers.
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