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NSE Listing Propels BSE Turnover to 27-Month High
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CNBC TV18•24-09-2026, 21:08
NSE Listing Propels BSE Turnover to 27-Month High
- •The National Stock Exchange (NSE) debut significantly boosted trading on the Bombay Stock Exchange (BSE), pushing its average daily cash turnover past ’11,000 crore, marking a 27-month high.
- •BSE's daily turnover reached ’11,055 crore on Thursday, making it the third-highest on record, primarily driven by trading in NSE shares post-listing.
- •Previous turnover spikes in March 2017 and June 2024 were largely due to large block deals, whereas the current surge is attributed to NSE share trading.
- •Historical data shows only seven instances of BSE's daily cash turnover exceeding ’10,000 crore, with three occurring in 2024.
- •NSE shares rose 1.9% on their debut, closing at ’1,818 on the BSE, valuing NSE at approximately ’4.5 lakh crore, making it one of India's largest listed companies by market capitalization.
Key Questions Answered
The recent listing and heavy trading of National Stock Exchange (NSE) shares drove the BSE's average daily cash turnover to cross ₹11,000 crore, hitting its highest level in 27 months.
Shares of the National Stock Exchange rose 1.9% on their debut to close at ₹1,818 on the BSE, giving the exchange a valuation of around ₹4.5 lakh crore and placing it among India's 11 largest listed companies.
Macquarie Group initiated coverage of the NSE with an "Outperform" rating, describing it as the market "dominator" and the lynchpin of India's financialisation due to its deep liquidity and leading market share.
