The NSE benchmark was down 180 points or 1.02 per cent at 17,425. Such was the fall in the domestic indices that nearly Rs 3.83 lakh crore of BSE market capitalisation (m-cap) was wiped out.
But these small companies come with a big risk too, as 40 per cent of the listings in the last year have slipped below the issue price versus only 16 per cent of the mainboard debutants that have plunged since their start