The National Stock Exchange of India has appointed 20 merchant bankers and eight law firms for its upcoming initial public offering (IPO). The IPO will be an offer for sale, with existing shareholders expected to offload approximately 4-4.5% of the exchange’s equity. NSE is currently valued at around ₹5 lakh crore in the unlisted market.
Nifty’s early comeback signal: Why largecaps are holding up as broader market slides
India’s equity market divergence suggests largecaps may be regaining leadership as mid- and smallcaps remain under pressure. The Nifty has recovered to broadly flat returns