Business
Landmark NSE IPO threatens to hollow out India shadow market
Reported by Aditya Chauhan (Staff Writer) · Economic Times - Markets ·
✓ — also reported by Livemint - Markets
Representative image · Wikimedia CommonsLandmark NSE IPO threatens to hollow out India shadow market. The National Stock Exchange's upcoming IPO will significantly boost India's primary market. This listing is expected to cause a major decline in the booming unlisted shares trade. Platforms facilitating these transactions must now find new investment opportunities. Wealthy individuals and funds previously bet on companies in the listing pipeline. The unlisted market saw growth with companies like Sterlite Electric and Garuda Aerospace.
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