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Shares in India's BSE rise as much as 49% on trading debut

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Pedestrians walking past the Bombay Stock Exchange building in Mumbai yesterday. Investor demand for BSE's stock was strong due to its attractive valuations.

Mumbai

SHARES of India's second-biggest stock exchange, BSE Ltd, jumped as much as 49 per cent on their market debut on Friday, after the exchange raised about US$185 million in an initial public offering that had been heavily oversubscribed.

Asia's oldest exchange is expected to...

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