NSE shares stable despite Yogi row, stay at Rs 3,400-3,600 past one week

Shares of most unlisted stocks have corrected in-line with the fall in the secondary market. However, a few companies seem to have been spared.

The controversy surrounding Himalayan Yogi may have created reputational damage for NSE, but its stock prices seem to be unperturbed.

According to industry players, who deal in shares of unlisted companies, shares of NSE have remained steady at Rs 3,400-Rs 3,600 levels in the past one week despite the storm created by an order passed by market regulator Sebi, which alleges the exchange’s former boss Chitra Ramkrishna shared confidential information with her guru.

Part of the reason why NSE shares haven’t moved much could be the restrictions around who can deal in them. NSE being a market infrastructure intermediary (MII),