Monday, 28 September 2026Updated 6m ago
← Top stories
Broker call▲ Bullish for Indian equities

Macquarie sees 10% upside in NSE, with a ₹1,965 target

2 sources · first seen 07:38 24 Sept · updated 08:06 24 Sept

The brief

Written from 2 reports · check the source before you trade
  • Macquarie called NSE “The Dominator”, citing its leading market share and competitive position
  • The brokerage rated NSE “Outperform” and set a ₹1,965 target
  • A bullish brokerage view spotlights NSE’s market position and prospects for its planned listing

Tags on this story

Pick a tag to see all its stories
NSE16 todayStock exchanges25 todayMarket valuations88 todayNifty and Sensex64 today

Linked by the tag NSE

120 stories this week
  1. 28 SeptSensex tanks 730 points amid surging crude oil prices, geopolitical uncertaintiesMarket move · 1 source · Sensex fell 730 points to 73,170.12 in early trade
  2. 28 SeptNSE Shares Slip Below IPO Price After Lackluster India DebutIPO · 1 source
  3. 28 SeptKPIT Tech Shares Fall Over 1% After JPMorgan Maintains 'Underweight' CallBroker call · 1 source
  4. 28 SeptNSE shares fall below IPO price amid broader market crash; here's how you should tradeMarket move · 1 source
  5. 28 SeptMarket drift lower in early trade; breadth weakMarket move · 1 source · The market drifted lower in early trade, with breadth weak
All NSE stories →
Part of a developing story41 updates over 5 days

NSE IPO debut, valuation and self-listing plans

NSE’s ₹22,569 crore IPO was subscribed nearly six times, and its shares opened at ₹1,800 before rising to ₹1,845. The exchange has said it is open to self-listing if SEBI permits; analysts have flagged its valuation of ₹4.4 trillion, or 43 times earnings.

Thursday, 24 September

  1. 4 sources
    NSE shares jump over 5%, making it India’s 10th most-valued firm
  2. NSE shares list on the BSE at ₹1,800, a 0.8% premium to issue price
  3. NSE Listing: Shareholder Sundar Iyer on his 7-year wait and long-term growth bet
  4. NSE Listing: Ashish Kumar Chauhan on ringing the bell for the fifth time
  5. 2 sourcesYou are here
    Macquarie sees 10% upside in NSE, with a ₹1,965 target
  6. 3 sources
    NSE shares debut at ₹1,800 and rise 3.36% to ₹1,845
  7. NSE IPO listing today: Strong investor demand, but stock may see a modest debut

See all 41 updates →

Read the reports

2 reports · earliest 07:38
CNBC-TV18NSE, 'The Dominator' could see share price rise to ₹1,965 - Macquarie predicts07:38Business TodayNSE share price target: Macquarie sees 10% upside on 'The Dominator', rates it 'Outperform'08:06