NSE Lists After Decade, Marking Landmark Moment for Dalal Street

The National Stock Exchange, or NSE, is a company that helps people buy and sell investments in India.

For many years, NSE itself was not publicly traded.

On Thursday, its shares began trading on the Bombay Stock Exchange.

They opened at Rs 1,800, slightly higher than the IPO price.

The IPO raised about Rs 22,569 crore and became India’s second-largest public offering.

Investors wanted more than five times the number of shares available.

NSE handles most of India’s cash trading and almost all equity-futures trading.

Its listing means the exchange that runs a major part of the market can now itself be bought and sold by investors.