{"id":289250,"date":"2026-10-06T11:25:42","date_gmt":"2026-10-06T05:55:42","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=289250"},"modified":"2026-10-06T11:25:42","modified_gmt":"2026-10-06T05:55:42","slug":"nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/","title":{"rendered":"NSE Share Price vs BSE Share Price: Why NSE Is Below Its Listing Price While BSE Gains, How the SEBI Closing Auction Rollback Report Lifted Both on 6 October, Support, Target Price and the Rationale"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>NSE about Rs 1,760 (+2.1% on 6 Oct) vs Rs 1,785 IPO price. BSE Rs 3,266-3,292 (+2.7-3.6%). Targets: NSE Rs 1,950-2,050; BSE Nuvama Hold Rs 3,240. Stop-loss Rs 1,740.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">NSE share price has traded below its Rs 1,785 IPO price since 28 September, slipping to about Rs 1,761 against a post-listing high of Rs 1,878, while BSE has gained, and both rose on 6 October after Reuters reported that SEBI will partly roll back its closing auction for derivatives. NSE gained about 2.1% to near Rs 1,760 with a market capitalisation of about Rs 4.35 lakh crore, and BSE rose 2.7% to 3.6% to between Rs 3,267 and Rs 3,292. Brokerages are positive on NSE, with Emkay at Rs 2,050, PL Capital at Rs 1,950 and Macquarie in the same range, and chart analysts flag Rs 1,740 as the stop-loss and Rs 1,950 as resistance, while Nuvama has a Hold on BSE with a Rs 3,240 target and expects a sequential fall in Q2 profit. The common driver is regulation, since the closing auction and F&#038;O rules decide volumes and earnings for both exchanges.<\/p>\n<\/p><\/div>\n<p>NSE share price and BSE share price are moving in opposite directions over the past week, with NSE down about 1.4% and BSE up about 2% before Tuesday&#8217;s rally, according to the headline data. NSE listed on 24 September at Rs 1,800 on the BSE after an NSE IPO price of Rs 1,785, and it has since slipped below the issue price.<\/p>\n<p>If you are tracking the NSE share price and the BSE share price, this article covers why NSE is below its IPO price, why BSE has held up, the SEBI closing auction session (CAS) rollback report and the 30-minute VWAP, brokerage targets from Emkay, PL Capital and Nuvama such as Rs 2,050, support and resistance including the Rs 1,740 stop-loss, F&#038;O rules, the Q2 outlook for BSE and the risks. Prices are from market reports on 6 October for the NSE share price and BSE and move through the day.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#NSE_Share_Price_vs_BSE_Share_Price_Where_They_Stand\" title=\"NSE Share Price vs BSE Share Price: Where They Stand\">NSE Share Price vs BSE Share Price: Where They Stand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#Why_the_NSE_Share_Price_Is_Below_Its_IPO_Price\" title=\"Why the NSE Share Price Is Below Its IPO Price\">Why the NSE Share Price Is Below Its IPO Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#Why_the_BSE_Share_Price_Has_Held_Up_and_What_Changed_for_the_NSE_Share_Price_on_6_October\" title=\"Why the BSE Share Price Has Held Up and What Changed for the NSE Share Price on 6 October\">Why the BSE Share Price Has Held Up and What Changed for the NSE Share Price on 6 October<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#NSE_Share_Price_Support_Resistance_and_Target_Price\" title=\"NSE Share Price: Support, Resistance and Target Price\">NSE Share Price: Support, Resistance and Target Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#Rationale_Why_the_NSE_Share_Price_and_BSE_Share_Price_Depend_on_SEBI\" title=\"Rationale: Why the NSE Share Price and BSE Share Price Depend on SEBI\">Rationale: Why the NSE Share Price and BSE Share Price Depend on SEBI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#Risks_Behind_the_NSE_Share_Price_and_BSE_Share_Price\" title=\"Risks Behind the NSE Share Price and BSE Share Price\">Risks Behind the NSE Share Price and BSE Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#What_to_Watch_Next_for_the_NSE_Share_Price_and_BSE_Share_Price\" title=\"What to Watch Next for the NSE Share Price and BSE Share Price\">What to Watch Next for the NSE Share Price and BSE Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#Why_is_the_NSE_share_price_below_its_IPO_price\" title=\"Why is the NSE share price below its IPO price?\">Why is the NSE share price below its IPO price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#What_is_the_NSE_IPO_price_and_listing_price\" title=\"What is the NSE IPO price and listing price?\">What is the NSE IPO price and listing price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#What_is_the_NSE_target_price\" title=\"What is the NSE target price?\">What is the NSE target price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#What_is_the_NSE_stop-loss_level\" title=\"What is the NSE stop-loss level?\">What is the NSE stop-loss level?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#Why_did_NSE_and_BSE_shares_rise_on_6_October\" title=\"Why did NSE and BSE shares rise on 6 October?\">Why did NSE and BSE shares rise on 6 October?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#What_is_the_BSE_share_price_target\" title=\"What is the BSE share price target?\">What is the BSE share price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#Which_is_better_NSE_or_BSE\" title=\"Which is better, NSE or BSE?\">Which is better, NSE or BSE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-vs-bse-share-price-support-target-sebi-cas-rollback\/#Should_I_buy_the_NSE_share_price_or_BSE_now\" title=\"Should I buy the NSE share price or BSE now?\">Should I buy the NSE share price or BSE now?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"NSE_Share_Price_vs_BSE_Share_Price_Where_They_Stand\"><\/span><strong>NSE Share Price vs BSE Share Price: Where They Stand<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">NSE<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">BSE<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price on 6 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 1,760, up about 2.1% in early trade<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,266.70 to Rs 3,292.30, up 2.7% to 3.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market capitalisation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 4.35 lakh crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 1.35 lakh crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Since listing or IPO<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Below the Rs 1,785 IPO price and below the Rs 1,800 listing price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not applicable; a long-listed stock<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Recent move<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 1.4% in a week before the rally<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 2% in a week<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Brokerage view<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buy and Accumulate with targets of Rs 1,950 to Rs 2,050<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Nuvama Hold with a target of Rs 3,240<\/td>\n<\/tr>\n<\/table>\n<p>NSE became the 11th-largest listed Indian company by market capitalisation when it slipped below its issue price, ahead of Titan, which shows how large the listing was. BSE is a much smaller company with a very different set of drivers.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Check the Univest Screener for live data on capital market stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_the_NSE_Share_Price_Is_Below_Its_IPO_Price\"><\/span><strong>Why the NSE Share Price Is Below Its IPO Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Full valuation: the IPO priced NSE at about 47 times earnings, which left little room for a listing pop.<\/li>\n<li>Pure offer for sale: the issue let existing holders sell and raised no money for growth, so the market absorbed supply.<\/li>\n<li>Profit booking: institutions sold after the listing, taking the stock from Rs 1,878 to Rs 1,761.<\/li>\n<li>Regulatory headwinds: SEBI&#8217;s F&#038;O curbs have already dented NSE&#8217;s profit, and SEBI is both its regulator and the architect of the rules.<\/li>\n<li>A weak market: the Nifty fell for eight straight weeks, hurting capital market stocks.<\/li>\n<\/ol>\n<p>The business itself is dominant, with about 93% of the cash market and a near-monopoly in equity futures and stock options, which is why brokerages remain positive on the NSE share price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_the_BSE_Share_Price_Has_Held_Up_and_What_Changed_for_the_NSE_Share_Price_on_6_October\"><\/span><strong>Why the BSE Share Price Has Held Up and What Changed for the NSE Share Price on 6 October<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>BSE shares rose as much as 3.55% to Rs 3,292.30 on 6 October after Reuters reported that SEBI will likely stop using the closing auction session (CAS) to set derivatives settlement prices for at least a year and use a 30-minute VWAP instead. Nuvama said a normalised VIX and CAS dragged BSE&#8217;s index options premium turnover down 23.9% quarter on quarter in Q2 to about Rs 22,500 crore a day, so a rollback could help volumes and the NSE share price too. Angel One, MOFSL, Nuvama Wealth and other capital market stocks also gained.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">BSE Q2 preview from Nuvama<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Index options premium turnover<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 22,500 crore a day, down 23.9% on the quarter<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue estimate<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 1,430 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Likely to fall sequentially<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rating and target<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Hold, target Rs 3,240, about 1.9% upside from the earlier price<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Key monitorables<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">CAS regulation, cash market share, colocation and the SGF contribution<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the NSE share price and BSE share price live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"NSE_Share_Price_Support_Resistance_and_Target_Price\"><\/span><strong>NSE Share Price: Support, Resistance and Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Level<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Type<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Why it matters<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 2,050<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Emkay target<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buy rating<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,950<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">PL Capital target and chart resistance<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Accumulate rating<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,878<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Post-listing high<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">First big hurdle<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,800<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Listing price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reclaiming it would show recovery<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,785<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">IPO price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Key psychological level<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 1,760<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">6 October trading level<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Below the IPO price<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,740<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Chart stop-loss<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A close below would shake holders<\/td>\n<\/tr>\n<\/table>\n<p>Chart analysts suggest a strict stop-loss for the NSE share price at Rs 1,740, just below the issue price, and resistance near Rs 1,950. Emkay&#8217;s Rs 2,050 target is about 16% above Rs 1,760, my calculation. Deven Choksey has called NSE a deep value investment for patient holders. These are views and not recommendations.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Rationale_Why_the_NSE_Share_Price_and_BSE_Share_Price_Depend_on_SEBI\"><\/span><strong>Rationale: Why the NSE Share Price and BSE Share Price Depend on SEBI<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Factor<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Effect on NSE<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Effect on BSE<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Closing auction session<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Index options volumes and settlement; a rollback is mildly positive<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">BSE&#8217;s options turnover fell in Q2; a rollback helps<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">F&#038;O curbs<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Already cut FY26 profit; further curbs are a risk<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reduces total volumes but can shift share<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market share<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 93% in cash and near-monopoly in equity derivatives<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gaining share in index options after its relaunch<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Regulation of the regulator<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">SEBI regulates NSE and sets the rules<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Same regulatory dependence<\/td>\n<\/tr>\n<\/table>\n<p>The NSE share price and BSE both rise and fall with trading volumes and regulation, which is why a single Reuters report moved them together on 6 October.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_Behind_the_NSE_Share_Price_and_BSE_Share_Price\"><\/span><strong>Risks Behind the NSE Share Price and BSE Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Regulatory risk:<\/strong> SEBI decisions on CAS and F&#038;O can change volumes and profit overnight.<\/p>\n<p><strong>Valuation:<\/strong> NSE was priced at about 47 times earnings at the IPO, which weighs on the NSE share price.<\/p>\n<p><strong>Volume swings:<\/strong> A weak market lowers trading activity for both exchanges.<\/p>\n<p><strong>Supply overhang:<\/strong> Further share sales by existing NSE holders can cap the NSE share price.<\/p>\n<p><strong>Q2 earnings:<\/strong> BSE&#8217;s profit is expected to fall sequentially.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_the_NSE_Share_Price_and_BSE_Share_Price\"><\/span><strong>What to Watch Next for the NSE Share Price and BSE Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>The final SEBI circular on the closing auction and derivatives settlement, expected by end-October.<\/li>\n<li>Whether NSE reclaims Rs 1,785 and Rs 1,800 or breaks Rs 1,740.<\/li>\n<li>BSE&#8217;s Q2 results for options turnover and profit.<\/li>\n<li>Weekly and monthly derivatives volumes after the VWAP switch.<\/li>\n<li>Any new F&#038;O rules from SEBI.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The NSE share price is still near Rs 1,760, below its Rs 1,785 NSE IPO price, while BSE trades between Rs 3,267 and Rs 3,292 after both rallied on the SEBI closing auction rollback report. NSE targets sit at Rs 1,950 to Rs 2,050 with a Rs 1,740 chart stop-loss, and Nuvama has a Hold on BSE at Rs 3,240. Regulation is the shared driver, so watch SEBI&#8217;s circular. Consult a SEBI-registered advisor before making any decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_the_NSE_share_price_below_its_IPO_price\"><\/span><strong>Why is the NSE share price below its IPO price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The NSE share price fell after listing on profit booking, a full valuation of about 47 times earnings, an offer-for-sale structure and F&#038;O regulatory headwinds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_NSE_IPO_price_and_listing_price\"><\/span><strong>What is the NSE IPO price and listing price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The IPO price was Rs 1,785, and the stock listed on 24 September at about Rs 1,800 on the BSE, hitting a high of Rs 1,878.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_NSE_target_price\"><\/span><strong>What is the NSE target price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For the NSE share price, Emkay has Rs 2,050, PL Capital Rs 1,950, and Macquarie is in the same range, while chart analysts flag Rs 1,950 as resistance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_NSE_stop-loss_level\"><\/span><strong>What is the NSE stop-loss level?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Chart analysts suggest a strict stop-loss at Rs 1,740, just below the issue price. These are views and not recommendations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_NSE_and_BSE_shares_rise_on_6_October\"><\/span><strong>Why did NSE and BSE shares rise on 6 October?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reuters reported that SEBI will likely stop using the closing auction session for derivatives settlement for at least a year, which could help volumes and the NSE share price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_BSE_share_price_target\"><\/span><strong>What is the BSE share price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nuvama has a Hold with a target of Rs 3,240 and expects Q2 profit to fall sequentially.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_is_better_NSE_or_BSE\"><\/span><strong>Which is better, NSE or BSE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Both depend on regulation and volumes. The NSE share price reflects a dominant but richly valued business, and BSE is gaining share but faces a weaker Q2.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_the_NSE_share_price_or_BSE_now\"><\/span><strong>Should I buy the NSE share price or BSE now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. Regulatory risk is high for both. Consult a SEBI-registered financial advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why is the NSE share price below its IPO price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The NSE share price fell after listing on profit booking, a full valuation of about 47 times earnings, an offer-for-sale structure and F&O regulatory headwinds.\"}},{\"@type\":\"Question\",\"name\":\"What is the NSE IPO price and listing price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The IPO price was Rs 1,785, and the stock listed on 24 September at about Rs 1,800 on the BSE, hitting a high of Rs 1,878.\"}},{\"@type\":\"Question\",\"name\":\"What is the NSE target price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"For the NSE share price, Emkay has Rs 2,050, PL Capital Rs 1,950, and Macquarie is in the same range, while chart analysts flag Rs 1,950 as resistance.\"}},{\"@type\":\"Question\",\"name\":\"What is the NSE stop-loss level?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Chart analysts suggest a strict stop-loss at Rs 1,740, just below the issue price. These are views and not recommendations.\"}},{\"@type\":\"Question\",\"name\":\"Why did NSE and BSE shares rise on 6 October?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Reuters reported that SEBI will likely stop using the closing auction session for derivatives settlement for at least a year, which could help volumes and the NSE share price.\"}},{\"@type\":\"Question\",\"name\":\"What is the BSE share price target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Nuvama has a Hold with a target of Rs 3,240 and expects Q2 profit to fall sequentially.\"}},{\"@type\":\"Question\",\"name\":\"Which is better, NSE or BSE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Both depend on regulation and volumes. The NSE share price reflects a dominant but richly valued business, and BSE is gaining share but faces a weaker Q2.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy the NSE share price or BSE now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. Regulatory risk is high for both. Consult a SEBI-registered financial advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NSE share price trails its IPO price while BSE gains. See the SEBI closing auction impact, support, target price and outlook.<\/p>\n","protected":false},"author":38,"featured_media":289248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[7788,8573,5341,7227,8572,8574],"class_list":["post-289250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bse-share-price","tag-capital-market-stocks","tag-nse-ipo","tag-nse-share-price","tag-sebi-cas","tag-support-target"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["289248"],"rank_math_title":["NSE Share Price vs BSE Share Price: Support, Target, Outlook"],"rank_math_description":["NSE share price trails its Rs 1,785 IPO price while BSE gains. See how the SEBI closing auction rollback lifted both, plus support, target price and outlook."],"rank_math_focus_keyword":["NSE share price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/nse-share-price-vs-bse-share-price-why-nse-is-below-its-listing-price-while-bse.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/289250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=289250"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/289250\/revisions"}],"predecessor-version":[{"id":289252,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/289250\/revisions\/289252"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/289248"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=289250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=289250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=289250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}