Raamdeo Agrawal, cofounder and chairman of Motilal Oswal Financial Services talks about how reforms changed the equity culture in India
At their target price, Macquarie said, the NSE stock would trade at a 2.5x PEG, broadly in line with global peers, suggesting the premium is justified on a growth-adjusted basis.
NSE shares listed at ₹1800 today, up 0.84 per cent from the IPO price of ₹1,785.
Arun Kejriwal, founder of Kejriwal Research, said that BSE delivered a lacklustre listing and certainly well below expectations.
MSE will admit NSE shares under the 'permitted to trade' category from September 24, a move industry experts say could help bring additional volumes to the exchange
The Delhi High Court has dismissed the CBI's challenge to a December 2022 order granting former NSE chief Chitra Ramkrishna bail in the alleged employee phone interception case
NSE IPO was entirely an offer for sale by existing shareholders. The GMP signals a 4 per cent listing pop.
Institutional portion subscribed 12.68 times; retail crosses quota
NSE's $2.3 billion IPO was subscribed 5.7 times by the end of the final day of bidding on Monday as investors bet on continued equity market growth in Asia's third-largest economy.
The NSE IPO closes for bidding on September 21. The exchange has set a price band of ₹1,700-1,785 per share.
At a time when global funds are paying massive premiums to AI and related technology companies - often at 50x PE multiples - India is offering many comparable firms lower single-digit PE multiples
The settlement follows Sebi's acceptance of NSE's proposals to resolve proceedings arising from the co-location and dark fibre matters for around ₹1,492 crore
NSE's closing auction session recorded its second-highest turnover since its introduction, as the rebalancing of FTSE indices drove trading activity on Thursday
The NSE IPO opened for subscription today (September 17) and will remain open till Monday (September 21). The exchange has set a price band of ₹1,700-1,785 per share.
NSE IPO subscription will start on September 17 and conclude on September 21. NSE has set the price band at ₹1,700 to ₹1,785. Investors can bid for 8 shares in each lot.
The Supreme Court declined to interfere with the Delhi HC order, allowing Chitra Ramkrishna to contest her classification as a 'public servant' before the trial court
The operator of the world's busiest derivatives market accounted for roughly half of the trading volume in the shadow market, according to an estimate by trading platform UnlistedZone
Eighteen mainland IPOs raised ₹28,976 crore and carry ₹2.48 lakh crore of market value - 8.6 times the capital raised.
Daily contracts fall 23% in Aug as higher STT and collateral requirements weigh on trading
NSE management says new businesses, SIFs, commodities and ETFs could diversify revenue, while clarifying it has not sought permission to trade its shares on NSE