@Tindu Mindu bhai, it could be because of:
1. Many still under the financial and psychological impact of IRM and Honasa. A bad news or listing cannot be offset by just one good listing when market mood is cautious.
2. Funds trapped in Protean, ROX, etc., or kept for Kalyani, others.
3. Diwali factor. Many want to play the relative safety of secondary markets.