NSE Listing: Why Institutional Investors Remain Bullish On The Exchange

NSE’s market debut has put the spotlight on its valuation, market dominance and long-term investor appeal. In an interaction with Business Today, Deven Choksey, MD, DR Choksey FinServ Private, says the exchange business fits the profile of a cash-generating investment opportunity, particularly for large institutional investors such as insurance companies, pension funds, sovereign funds and global endowments. He believes appetite among larger funds remains strong, including for shares that may come from existing NSE shareholders. Choksey also highlights NSE’s dominant market position and says investors should look beyond listing-day volatility. According to him, the exchange’s long-term prospects remain positive, while any meaningful decline in the stock could offer investors an opportunity to accumulate at lower levels. Watch the full conversation for his outlook on NSE and institutional investor interest.