NSE shares surge 5% post muted debut, market cap rises
after close1 source ↓written by the desknot a recommendation
- after a muted
- 5%
- from an IPO
- ₹1,878
- IPO price
- ₹1,785
- to its market
- ₹19,290 cr
- ₹4.64 lakh cr
Shares of National Stock Exchange (NSE) surged over 5% after a muted debut, reaching a high of ₹1,878 from an IPO price of ₹1,785. This jump added approximately ₹19,290 cr to its market capitalisation, now at ₹4.64 lakh cr. Brokerages are optimistic, suggesting a potential 22% upside for investors.
The strong performance reflects positive sentiment in the market, contrasting with its initial listing premium. NSE's market cap significantly exceeds that of BSE, which stands at ₹1.33 lakh cr.
Not investment advice. For informational purposes only.