With the equity market going topsy-turvy, some investors are turning to relatively safer options like NCDs, which are also offering handsome returns. That's the message one get from the performance of NTPCBSE -1.32 % and Indiabulls Housing issues in two days.
Indiabulls Housing, which had placed Rs 7,180 crore worth of NCDs since July 1, kickstarted a Rs 3,500 crore issue on Thursday. The issue got overwhelming response, with the NCD offering getting oversubscribed by 117 times on B ..
