India's NSE lists at $47 billion valuation, beats Nasdaq premium

India's National Stock Exchange (NSE) completed its long-awaited IPO, pricing at ₹1,785 and closing at ₹1,800 on debut—a 0.8% premium. The valuation reached $47 billion, commanding a higher multiple than Nasdaq $NDAQ, reflecting strong institutional and retail demand.

The listing caps a decade-long regulatory path and positions NSE as the world's largest exchange by trading volumes. The successful flotation opens the door for subsequent Indian financial infrastructure IPOs. #economie #marche