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The Economic Times
The Economic Times
Veer Sharma

NSE becomes 9th most valued company with Rs 4.63 lakh crore m-cap after IPO. Who did it overtake?

NSE IPO BSE India National Stock Exchange SEBI Veer Sharma Emkay

Shares of the much-awaited National Stock Exchange (NSE) made a muted market debut on Thursday, listing at Rs 1,800 apiece on the BSE, less than a 1% premium over its IPO price of Rs 1,785 a share. NSE’s post listing market capitalization now stands at Rs 4.63 lakh crore, making it the ninth largest listed company in the Indian stock market. Data shows that it has overtaken FMCG bellwether HUL and healthcare giant Sun Pharmaceuticals.

The newly listed exchange now ranks behind Reliance Industries which has a market capitalisation of Rs 16.77 lakh crore, followed by HDFC Bank at Rs 11.25 lakh crore, along with Bharti Airtel, ICICI Bank, SBI, TCS, Bajaj Finance, and LT, stock exchange data showed.

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