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NSE unlisted shares vs Nifty: Where did investors make more money ahead of mega IPO?

Since September 2021, NSE unlisted shares have surged by over 170%, vastly overshadowing the Nifty 50 index's rise of just 35% within the same timeframe. This remarkable performance indicates a strong advantage of the unlisted shares, which have shown consistent stability over the past year, leading to significant value creation for investors.

In the lead-up to the National Stock Exchange (NSE) mega IPO, investors in NSE's unlisted shares have outperformed those who invested in the benchmark Nifty 50 by a significant margin. A comparison of performance between September 2021 and September 2026 reveals that NSE's unlisted shares have surged over 170%, while the Nifty 50 has only managed a modest 35% gain during the same period.According to data from NSE's unlisted shares, the index opened at ₹740 per share on September 8, 2021.

As of the current date, the shares are trading at around ₹2,000 per share, reflecting a substantial 170.27% gain over the five-year period. This far surpasses the Nifty 50's 35% increase during the same timeframe.For Anand James, chief market strategist at Geojit Investments, the Nifty's recent dip below its rising trendline raises concerns about a deeper correction towards the 23,260 level.

Despite this, Harendra Kumar, the Managing Director and CEO of Elara Securities, remains positive on the Nifty, predicting it could reach the 30,000 target within the next 15 months. He anticipates a 15%-20% return as the rupee stabilises, foreign investor flows turn positive, and earnings remain robust.Even with the NSE unlisted shares' impressive long-term gains, they have shown a slight decline over the past year.

Currently trading at ₹2,000 per share, there has been a minor 2% drop from last year's price of ₹2,045. This range-bound performance can be attributed to subdued broader market conditions and the pressure from expectations surrounding the upcoming IPO.

Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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