Public sector major NTPC's follow-on public offer (FPO) managed to scrape through today, but raised questions about the state of the primary markets and the government's disinvestment programme.
Another FPO, that of NMDC, is also likely to be held by end-this fiscal, the official said.
Move aimed at boosting retail investor participation in disinvestment.
When big offers hit the market, broader indices corrected 2-4%
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