{
  "id": 9494766,
  "title": "NSE share price rises over 5% after near-flat listing",
  "url": "https://urgent.news/2026/09/24/nse-share-price-rises-over-5-after-near-flat-listing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T05:16:30.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/nse-share-price-rises-over-5-after-near-flat-listing/article71502854.ece"
  },
  "original_language": "en",
  "account": "On September 24, 2026, the National Stock Exchange of India (NSE) experienced a 5.2% rise in its share price following a near-flat debut on the Bombay Stock Exchange (BSE). The stock opened at ₹1,800, 0.84% above its IPO price of ₹1,785, and later climbed to ₹1,878. By 10:28 am, NSE shares were trading at ₹1,861.80, with a market capitalization of ₹4.60 lakh crore at the time of writing. The ₹22,569-crore IPO, India's second-largest, saw nearly 6 times subscription overall. Shivani Nyati, Head of Wealth at Swastika Investmart Ltd., noted that NSE's debut mirrored realistic market expectations rather than an aggressive listing-day spike. She emphasized the exchange's dominance in the cash segment and equity futures markets, as well as its strong cash flow generation and competitive advantages. Despite this, she pointed out that nearly 79% of NSE's revenue remains tied to market trading volumes, making short-term earnings sensitive to market activity and SEBI regulatory changes. Short-term and listing-gain investors were advised to maintain a stop-loss at ₹1,740, while long-term investors could potentially hold through volatility driven by trading volumes. Brokerages such as Macquarie and PL Capital have initiated coverage on NSE, with Macquarie rating it ‘Outperform’ and targeting ₹1,965, and PL Capital suggesting an ‘Accumulate’ rating and target price of ₹1,950. Abhinav Tiwari, Sr. Research Analyst at Bonanza, highlighted that NSE's listing has expanded its shareholder base from around 2 lakh to nearly 36 lakh since the IPO. He praised the exchange's strong market share, high liquidity, network effects, and growing non-transaction revenue. However, Tiwari cautioned that Bonanza remains cautious due to the need for price discovery and potential risks such as lower trading activity from the Closing Auction Session and possible selling pressure post-lock-in period.",
  "summary": "The stock opened at ₹1,800, a 0.84% premium to its IPO price of ₹1,785, before rising to ₹1,878. At 10.28 am, NSE shares traded at ₹1,861.80.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Indian shares set to open lower as crude rises above $100; NSE listing in focus",
        "url": "https://urgent.news/2026/09/24/indian-shares-set-to-open-lower-as-crude-rises-above-100-nse-listing",
        "published": "2026-09-24T03:10:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}