National Stock Exchange Chairman said investors should not judge NSE's stock only by its day-one listing gain, after India’s largest exchange made a muted debut on the bourses. "For a share such as NSE, listing gains are not on day one,” the MD & CEO of NSE, Ashish Chauhan, said, putting the exchange’s weak debut in a longer-term context.
NSE listed at a premium of just around 0.8% to its IPO price, making it one of the weakest debuts among India’s Rs 10,000 crore-plus public issues. The stock listed near Rs 1,800 against the upper issue price of Rs 1,785.