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Why the NSE IPO may not create wealth like BSE’s did

As reported by mint - markets
The NSE IPO arrives after a decade-long boom in Indian markets that enriched existing shareholders. While the exchange remains dominant and highly profitable, matching the stellar returns delivered by BSE since 2017 may prove far tougher.
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The upcoming NSE IPO is unlikely to replicate the significant wealth creation seen with BSE's listing. Despite NSE's market dominance and profitability after a decade-long market boom, investors should temper expectations as matching BSE's stellar returns since 2017 will be…

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