Finance

NSE Listing Live Updates: Macquarie initiates with 'outperform' rating, sees 11% upside

NSE Listing Live Updates: At ₹4.42 lakh crore, NSE becomes the 11th largest company in the country by market capitalisation on the day of its listing, which could potentially move higher in case the exchange lists at a premium to its issue price of ₹1,785 apie…

NSE Listing Live Updates: Macquarie initiates with 'outperform' rating, sees 11% upside

NSE Listing Live Updates: At ₹4.42 lakh crore, NSE becomes the 11th largest company in the country by market capitalisation on the day of its listing, which could potentially move higher in case the exchange lists at a premium to its issue price of ₹1,785 apiece. Watch this space for all the LIVE listing updates of NSE from the Bombay Stock Exchange. NSE Listing LIVE Updates: In just a few hours from now, the National Stock Exchange of India (NSE) will be called a public company, as it will make its stock market debut.

The three-day Initial Public Offer (IPO), the biggest of 2026 so far and the second-largest in Indian's capital markets history, received healthy subscription from both institutional and non-institutional investors. Even the retail portion was fully subscribed on the final day of bidding. At ₹4.42 lakh crore market capitalisation, NSE will become the 11th biggest company in India, ahead of Titan, Kotak Mahindra Bank, and even Infosys.

What can be called a confidence boost for investors, Life Insurance Corporation of India (LIC), one of NSE's largest shareholders, bought further stake in the IPO, instead of being a selling shareholder. LIC bought stake worth another ₹450 crore, taking its overall stake to 10.81%. From 3.1 crore unique investors, NSE now boasts of a unique client list of 12.91 crore.

What needs to be watched is potential supply from wealth clients, what kind of institutional appetite it garners post listing, and inclusion in foreign indices could also lead to passive inflows. Watch this space for all the LIVE listing updates of NSE. Home Market News NSE Listing Live Updates: Countdown begins for listing, Macquarie sees 11% upside

Source: CNBC TV18

Distributed to Wire · Gulf Edu by RedPress.

Related News

Contact Advertise Search RSS