HDB Financial share price today: Stock jumps over 4% on Day 2 post-robust debut; trades 18% above listing price

HDB Financial Services shares surged over 4% to Rs 874.90 on Thursday, following a successful exchange listing the previous day. Trading at Rs 876.3, it marked an 18.43% increase over the listing price. The IPO, comprising a fresh issue and offer-for-sale, saw substantial investor interest, being oversubscribed 16.69 times. Qualified Institutional Buyers showed particular enthusiasm,…

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‘The biggest issue is…’: Nithin Kamath reacts to Jio-BlackRock’s entry into broking

Zerodha CEO Nithin Kamath views Jio-BlackRock’s entry into India’s stockbroking positively, anticipating broader retail participation due to Jio’s extensive network. While welcoming the competition, Kamath emphasizes Zerodha’s focus on sustainable investing and ethical practices, prioritizing customer success over aggressive trading tactics. He believes true competition will arise from passionate, dedicated entrepreneurs rather than large corporations.

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