Business & Markets: India — Last 24 Hours

5.71x — the final subscription multiple for India's Rs 22,569-crore NSE IPO, which attracted nearly ₹90,000 crore in total demand. QIBs lapped up 12.68x their quota, while retail got a modest 1.39x — a clear signal that big money is chasing Indian market infrastructure.

Money Moves

• NSE IPO closes a blockbuster run — India's second-largest public issue ever finished with 5.71x subscription, with 189 anchor investors including LIC, Goldman...