Signal Desk · Markets

Wall Street brokers turn bullish on NSE, see up to 30% upside

2026-11-02 · 2 sources · Economic Times Stocks

In short

Wall Street brokerages turned positive on NSE and said the stock could rise by as much as 30%. Morgan Stanley, JPMorgan and 360 ONE all recommended buying it.

They pointed to NSE’s strong position in the market and India’s growing capital markets. The report says investor activity and new businesses could help, but it does not give timing or risks in detail.

What the reporting says

Wall Street brokerages turned bullish on NSE, with Morgan Stanley, JPMorgan and 360 ONE recommending the stock and projecting up to 30% upside. The publisher summary says they cited NSE’s dominant market position and India’s expanding capital markets, with rising investor participation, trading activity and new businesses supporting longer-term revenue and earnings growth. The immediate question is whether those growth drivers will materialize as expected.

Why it matters

Wall Street brokerages became bullish on NSE, with Morgan Stanley, JPMorgan and 360 ONE recommending the stock and projecting up to 30% upside. The publisher summary says the view is based on NSE’s dominant market position and India’s expanding capital markets. It also points to rising investor participation, trading activity and new businesses as possible supports for revenue and earnings growth, though the reporting does not specify timing or valuation details.

Touches: NSE, Morgan Stanley, JPMorgan, 360 ONE, Markets, Companies, Global

Sources