The long-awaited initial public offering (IPO) of the National Stock Exchange (NSE) is edging closer to execution. However, activity in the unlisted market is signaling a more cautious undertone, even as expectations around the listing continue to build.Unlisted NSE Shares Slip Despite IPO Buzz NSE’s unlisted shares have struggled to maintain earlier momentum, declining from a peak of around Rs 2,075 in January to nearly Rs 1,885 in recent trades. This divergence between IPO anticipation...