NSE's stock just hit a new milestone, crossing ₹2,000 for the first time since its IPO and reaching as high as ₹2,007.60 on Friday.
This comes after a rough patch in September when shares dipped to a 52-week low of ₹1,640.25, but they've bounced back strong and were trading around ₹1,988 by late morning.
Analysts flag ₹1,995 pivotal for NSE
Analysts are keeping an eye on whether NSE can hold above the key ₹1,995 level. The exchange's strong business in cash equities and futures and options trading is fueling its growth.
Jefferies India even expects revenues to pick up from here.
Some experts see more upside ahead: Sumeet Bagadia, Executive Director at Choice Broking, called NSE shares "a portfolio stock" with potential to reach ₹2,200 if momentum continues.