NSE shares hit a record; exchange now worth over $50 billion
India's biggest stock exchange touched ₹1,953.95 a share after strong September-quarter profits.
- Record: ₹1,953.95
- Q2 profit: ₹2,578 crore (+23%)
- Market cap ~₹4.83 lakh crore
What happened
Shares of the National Stock Exchange of India rose up to 3.15% on Friday to a record ₹1,953.95, the fourth straight day of gains. That puts its market value at about ₹4.83 lakh crore, or more than $50 billion.
In the September quarter, NSE's consolidated profit rose 23% to ₹2,578 crore and total income rose 9% to ₹4,554 crore.
Operating profit (EBITDA) more than doubled to ₹3,079 crore, cash-market trading values rose 24% and listing fees jumped 70% — helped by a busy IPO season.
What brokerages say
JPMorgan said results beat its estimates and kept a Buy with a ₹2,130 target; Morgan Stanley, Jefferies and Macquarie also stayed positive. This is information, not investment advice.
