Hemang Jani in an interview with ET Now noted that NSE valuations have recently surpassed those of Nasdaq, reflecting strong investor interest. According to him, NSE holds a dominant position in the options market, attracting considerable appetite from investors.
Although recent SEBI regulations impacted NSE’s performance over the past few quarters, Hemang Jani expressed optimism for significant growth next year due to upcoming IPO clearances and data monetization opportunities. Meanwhile, he pointed out that BSE’s valuation is currently stretched at around 75 times earnings, though it is expected to gain market share following SEBI’s expiry scheduling changes.