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Market Impact: 0.42
Investors rush into India’s National Stock Exchange IPO at valuation multiple above Nasdaq
Source: CNBC
IPOs & SPACsEmerging MarketsInvestor Sentiment & Positioning
India's $2.3 billion NSE IPO, the country's largest public share sale so far this year, attracted bids exceeding $10 billion. The more than fourfold demand signals strong investor appetite for the exchange operator and supports a positive read-through for India's primary equity market.
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moderately positive
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