MSEI – NSE Shares to Begin Trading on MSEI from September 24

Expert Analysis:

• NSE shares will be admitted for trading on MSEI from September 24, under the “Permitted to Trade” category on MSEI’s Capital Market segment.

• The move gives MSEI access to a high-profile newly listed security, with NSE shares also scheduled to begin trading on BSE on the same day following its ₹22,561.57 Cr IPO.

• Industry observers cited by Business Standard expect the move to potentially bring additional trading volumes to MSEI, supporting activity on its capital-market platform.

• NSE’s IPO received 5.71x overall subscription, including 12.68x from QIBs, creating a potentially significant pool of investors and market participants around the newly listed stock.