Top stock to buy today: Jefferies India sees 29% upside in NSE share price in upside scenario
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Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Jefferies India sees a 29% upside for NSE shares, setting a target of ₹2,300.
- ✓NSE shares finished at ₹1,777.05 on Wednesday.
- ✓The firm said, “NSE is the market leader in cash equities, index F&O, stock F&O, and clearing & settlement.” Analysts expect revenue growth to improve to 15% by 2029.
Story at a Glance
- Category
- MARKET
- Reported By
- Livemint
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- 4 Minute(s)
- Market Focus
- India Economy
Stocks to buy today | Jefferies India stock recommendations | Shares to buy today: The NSE shares have been reeling under the upper price band of ₹1,785 after hitting the record high of ₹1,878 per share on the listing date. NSE share price finished at ₹1777.05 per share on the BSE on Wednesday. However, Jefferies India is still bullish on NSE shares, provided there is a trend reversal on Dalal Street. The global investment bank has set the NSE share price target of ₹2,300 for long-term investors in the upside scenario. The Jefferies India report has also noted that, in the event of a downside trend, the NSE share may touch ₹1,600. In the base-case scenario, the NSE share price may touch ₹2,085 apiece, delivering around 17% returns to long-term investors.
NSE shares | Why is Jefferies bullish?
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