Bombay Stock Exchange (BSE Limited) came out with an IPO. The shares are listed at National Stock Exchange (NSE). State the reasons for the same and why the stock is not listed on BSE? What is the co-relation between Sen

Reasons for BSE Limited's IPO and Listing on NSE: Bombay Stock Exchange (BSE Limited) is a company that provides a trading platform for stocks, shares, and other instruments. It is a limited company. There is a basic principle that the shares of a company cannot be listed on its own trading platform. This is to prevent potential conflicts of interest, ensure fair trading practices, and maintain regulatory oversight. Therefore, BSE Limited, after its IPO, listed its shares on the National Stock Exchange (NSE). Co-relation between Sensex and the stock price of BSE Limited: Sensex is a benchmark index that indicates the performance of major companies listed on the BSE. Sensex is calculated using the share prices of 30 major companies which are listed in BSE. If the Sensex goes up, it generally means that the share values of most of the major companies have gone up, and vice versa. However, the stock price of BSE Limited itself (as a listed company on NSE) is a reflection of its own business performance, profitability, and market perception as an exchange operator. While the Sensex reflects the overall market sentiment and performance of companies listed on BSE, the stock price of BSE Limited is influenced by factors specific to its business, such as trading volumes, revenue from listings, data services, and regulatory environment. There isn't a direct, immediate co-relation where BSE Ltd.'s stock price moves in lockstep with Sensex, but a healthy and growing market (reflected by Sensex) would generally be positive for the business of an exchange like BSE Ltd.