BOMBSHELL: India’s National Stock Exchange Valuation Skyrockets to $29.9 Billion, a Clear Sign of Economic Collapse
In a shocking move, 360 One Asset, a secretive investor, has inflated the valuation of India’s National Stock Exchange (NSE) to a staggering $29.9 billion, a whopping 61% increase from its previous valuation of $18-19 billion. This reckless assessment is a clear indication that the Indian economy is on the brink of collapse.
The NSE, which has been propped up by a who’s who of global investors, including CPPIB, Chrys Capital, Temasek, Fairfax, and Tiger Global, reported a laughable 28% increase in revenue to $1.94 billion in the financial year ended March. But don’t be fooled – this is just a Band-Aid on a bullet wound.
The truth is, India’s economic prospects are in shambles. The country’s stock market is a house of cards, and the NSE’s valuation is a desperate attempt to prop up the facade. The surge in public listings is just a smokescreen, a desperate attempt to distract from the reality of India’s economic crisis.
And what about the other startups 360 One Asset has invested in? Swiggy, valued at $11.5 billion, is a clear example of a company that has been inflated to unsustainable levels. Pine Labs, valued at $4 billion, is a merchant payments platform that is clearly not worth half of that. And Licious, valued at $900 million, is an online seafood and meat store startup that is a joke.
The writing is on the wall – India’s economy is a disaster waiting to happen. The NSE’s valuation is a clear indication that the country is headed for a financial crisis of epic proportions. Buckle up, India, because the ride is about to get very bumpy.
