NSE becomes world’s sixth largest bourse with $47 billion m-cap

The National Stock Exchange of India has recently reached an impressive market capitalisation nearing $47 billion. Shares began trading at ₹1,800, slightly above the issue price of ₹1,785. With a price-to-earnings ratio of 43 times, it outperforms many global exchanges. Experts predict a strong growth in India’s capital markets, estimating an annual cash market turnover increase of 14-16%. Additionally, NSE’s operating Ebitda margin of 66.

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