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The Economic Times
The Economic Times
Business
Veer Sharma

NSE shares get ‘The Dominator’ tag as Macquarie initiates coverage with Outperform

NSE Macquarie IPO India

Shares of the National Stock Exchange of India (NSE) made their much-awaited stock-market debut on Thursday, listing at Rs 1,800 apiece on the BSE. The stock debuted at a 0.8% premium to its IPO price of Rs 1,785, below grey market expectations.

Ahead of the listing, Macquarie initiated coverage on NSE with an Outperform rating and a Rs 1,965 target price. The brokerage describes NSE as “The Dominator,” citing its leading market share and strong market position.

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