Angel Broking makes a weak debut, lists at 10% discount against issue price

The Rs 600-crore IPO was subscribed nearly four times

Shares of Angel Broking made a weak debut at the bourses by listing at Rs 274, a 10 per cent discount against the issue price of Rs 306 per share on the BSE and National Stock Exchange (NSE).

The stock of the broking firm slipped as much as 16 per cent to Rs 257 in the intra-day trade against its issue price at the bourses. It opened at Rs 275 and touched a high of Rs 297 on the NSE. In comparison, the S&P BSE Sensex and Nifty50 index ended around 0.75 per cent higher on Monday. A combined 9.43 million