Shares of National Stock Exchange (NSE) jumped more than 5% after making a muted Dalal Street debut on Thursday, with brokerages issuing bullish calls and target prices implying up to 22% upside potential.
NSE shares listed at Rs 1,800 apiece on BSE. This marks 0.8% premium over its IPO price of Rs 1,785 apiece, missing grey market estimates. The company’s market capitalisation at the time of debut stood at around Rs 4.45 lakh crore.
