
The National Stock Exchange (NSE) is nearing approval for its Initial Public Offering (IPO), with Securities and Exchange Board of India (Sebi) chief Tuhin Kanta Pandey indicating a no-objection certificate (NoC) is likely by month-end. This news has boosted the prices of NSE's unlisted shares, reaching approximately Rs 2,050-2,160. Competitor BSE's stock also saw a surge, while IFCI's shares rose due to its stake in an NSE-related entity. Market participants anticipate increased activity in the unlisted space.
Select a news story to see related coverage from other media outlets.