Livemint

Motilal Oswal Nasdaq Q50 ETF jumps 41% in a week even as underlying US stocks fall. What is happening?

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 SEBIs price-band rules.