The private equity investors in the National Stock Exchange of India (NSE) have started selling their stakes due to delays in the NSE's plans for an initial public offering. UK-based private equity fund Actis agreed to sell its 1% stake in NSE to Hong Kong-based secondary buyer New Quest Capital Partners for Rs. 178 crore. Actis and other investors have been pushing for an NSE IPO but delays in regulatory approvals have prolonged the listing. As financial investors, private equity funds cannot wait indefinitely for an exit. Some other NSE investors, including IFCI and IDBI, have also recently partially exited by selling stakes to other investors.