NewzThe National Stock Exchange (NSE) debuted on the public market with a valuation of Rs 4.63 lakh crore, positioning it as India’s ninth most valuable listed company. The listing followed an initial public offering priced at Rs 1,785 per share, which had previously established a pre-listing valuation of Rs 4.42 lakh crore.
The exchange's market capitalization significantly exceeds that of its primary competitor, the BSE, which is currently valued at Rs 1.33 lakh crore. The debut is characterized as tepid, reflecting the initial market response to the exchange's entry as a publicly traded entity.
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