NSE draws brokerage attention on stock market debut as 3 firms initiate coverage on Day 1
NSE shares rallied after a muted listing at Rs 1,800, pushing the exchange into India’s ninth-most valued company with a market cap of Rs 4.63 lakh crore. The post-listing surge came as three major brokerages initiated coverage on Day 1 with positive ratings. Macquarie called NSE “The Dominator” and assigned an Outperform rating with a Rs...
Key Takeaways
- NSE shares rallied after a muted listing at Rs 1,800, pushing the exchange into India’s ninth-most valued company with a market cap of Rs 4.63 lakh crore.
- The post-listing surge came as three major brokerages initiated coverage on Day 1 with positive ratings.
- Macquarie called NSE “The Dominator” and assigned an Outperform rating with a Rs 1,965 target price.
NSE shares rallied after a muted listing at Rs 1,800, pushing the exchange into India’s ninth-most valued company with a market cap of Rs 4.63 lakh crore. The post-listing surge came as three major brokerages initiated coverage on Day 1 with positive ratings. Macquarie called NSE “The Dominator” and assigned an Outperform rating with a Rs 1,965 target price.
Original Publisher Attribution
This summary was curated from Economic Times.