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Market move● Neutral for Indian equities
NSE becomes world's sixth largest bourse with $47 billion m-cap
The brief
- NSE’s market capitalisation is nearing $47 billion
- Shares began trading at ₹1,800
- NSE’s valuation milestone may draw investor attention to India’s exchange sector
- Sensex tanks 730 points amid surging crude oil prices, geopolitical uncertainties
- NSE stock slips below issue price of ₹1,785; down 2% on Monday
- Adroit Industries IPO Allotment Status: Check Share Allocation, GMP, Listing Date And What Happens Next
- At 43 times earnings, NSE valued way higher than its global peers
- Who Absorbs UPI MDR? NSE CEO Rules Out Govt Talks As 0.02% Fee On Capital Markets Nears Kickoff