Anticipation of an upcoming IPO has propelled the National Stock Exchange of India’s valuation to $58 billion in private markets, fueled by aggressive buying from wealthy investors. This surge coincides with efforts to resolve a longstanding legal dispute hindering listing plans. The exchange is also strategizing to regain market share in equity derivatives, aiming to surpass its competitor, BSE Ltd.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets