Macquarie remains 'neutral' on Angel One stock as it believes continued market-share losses, with the need to increase marketing spend, will weigh on growth and profitability.
NSE shares listed at ₹1800 today, up 0.84 per cent from the IPO price of ₹1,785.
Arun Kejriwal, founder of Kejriwal Research, said that NSE delivered a lacklustre listing and certainly well below expectations.
NSE IPO was entirely an offer for sale by existing shareholders. The GMP signals a 4 per cent listing pop.
Elevate Campuses IPO: In the grey market, Elevated Campuses shares are trading at ₹367 apiece. This means that the listing gains could be 1.4 per cent.
So far in 2026, the Nifty India Defence index has added 23 per cent, while it has grown 16 per cent in a year, according to data available on NSE.
We remain constructive on the financial sector, particularly on high-quality private sector banks, said Shreyash Devalkar of Axis MF.
Sensex today: Analysts at SBI Securities said that the gradual decline in crude oil prices over the last four trading sessions has provided some respite to Asian equities.
Bogged down by crude oil prices trading above $100, the Nifty 50 index has lost 5 per cent during the six-week selloff, which is also its longest since 2020.
Tata stocks: Analysts believe the boardroom battle playing out in public forums is creating more uncertainty for the group.
Goldman Sachs argues that if you look beyond the index, there are at least 42 AI enablers that have rallied 60 per cent.
Analysts believe the bullion rose as the US Fed rate hike is largely discounted by the market. Meanwhile, a fall in oil prices for the third straight day softened inflation concerns.
NSE IPO opened for public subscription on September 17 and will remain available for bidding till September 21.
In line with expectations, the Fed raised rates by 25 bps, with policy signalling that this cycle will continue.
NSE IPO: BSE's improving operating leverage and residual room to expand in cash equities, where NSE still holds ~93 per cent, have justified a scarcity-and-momentum premium for the listed exchange.
State Bank of India (SBI) could pocket ₹2,849 crore or a 2,23,025 per cent gain from NSE IPO's listing.
NSE IPO will open for bidding on September 17 and close on September 21, looking to raise ₹22,562 crore.
SS Retail IPO: Brokerages took note of the company's strong positioning in Tier II & Tier III markets along with its sectoral leadership; however, they flagged the steep valuations.
Paytm shares rallied 7 per cent to a fresh 52-week high of ₹1,856.50 on the BSE. Mobikwik stock rose by 6 per cent to ₹214. However, Pine Labs slumped 6 per cent to ₹182 per share.
Indian IT stocks have been one of the biggest casualties of AI boom, having lost 21 per cent on a year-to-date basis.