Motilal Oswal Nasdaq Q50 ETF jumps 41% in a week even as underlying US stocks fall. What is happening?
· livemint.com
The Motilal Oswal Nasdaq Q50 ETF surged 41% in a week even as the value of its underlying US stocks fell 2.6%, with its market price moving far above its NAV. The unusual premium has widened amid limited supply of ETF units and a recent change in SEBI’s price-band rules.
The Motilal Oswal Nasdaq Q50 ETF has seen an extraordinary jump in its market price over the past week, even as the value of the US stocks it holds has moved lo...