New Delhi, July 16 -- NSE share price is currently trading at a reasonable valuation in the unlisted market compared to its domestic listed peers - BSE and Multi Commodity Exchange of India (MCX), according to a report by Axis Securities.

The IPO-bound National Stock Exchange of India Ltd. (NSE) is the largest stock exchange in India and the second largest in the world by number of trades in equity shares, according to the World Federation of Exchanges (WFE). NSE is also the world's largest derivatives exchange by trading volume (contracts).

The brokerage firm highlighted that NSE share price is currently trading in the range of Rs.2,200 - Rs.2,250 in the unlisted market, translating to a price-to-earnings (P/E) ratio of 44.72x. In comp...