{"id":313009,"date":"2026-10-16T10:46:34","date_gmt":"2026-10-16T05:16:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=313009"},"modified":"2026-10-16T10:46:34","modified_gmt":"2026-10-16T05:16:34","slug":"capital-market-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/capital-market-stocks-to-watch-multibagger-potential\/","title":{"rendered":"3 Top Capital Market Stocks to Watch for Future Multibagger Potential: BSE, Anand Rathi Wealth and Nuvama"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>BSE Rs 3,450. Anand Rathi Wealth Rs 2,147. Nuvama Rs 1,730. Market caps from Rs 31,681 crore to Rs 1.40 lakh crore. Data as of 16 Oct 2026.<\/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;\">BSE, Anand Rathi Wealth and Nuvama are the 3 picks in this capital market stocks watchlist, with market caps between Rs 31,681 crore and Rs 1.40 lakh crore. BSE stands out for the highest return on equity at 37.42%, while Anand Rathi Wealth offers a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.05. PE ratios run from 29.28 to 78.02, so compare each one with its industry PE before investing. All figures are as of 16 October 2026.<\/p>\n<\/p><\/div>\n<p>Capital market stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. BSE, Anand Rathi Wealth and Nuvama meet that test, with market caps from Rs 31,681 crore to Rs 1.40 lakh crore and BSE offering the highest return on equity at 37.42%. Millions of new investors, steady SIP flows and growing household wealth are lifting activity across exchanges and wealth platforms.<\/p>\n<p>This list covers listed exchange and wealth management companies with complete, verifiable financials, ranked by market capitalisation. Not every name here is a largecap, so the list takes the leading companies of the sector by market capitalisation. Investors screening capital market stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 16 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=capital-market-stocks\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/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\/capital-market-stocks-to-watch-multibagger-potential\/#What_Are_Capital_Market_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\" title=\"What Are Capital Market Stocks and Why Do They Attract Multibagger Interest?\">What Are Capital Market Stocks and Why Do They Attract Multibagger Interest?<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#Capital_Market_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\" title=\"Capital Market Stocks at a Glance: Price, Market Cap, PE and ROE\">Capital Market Stocks at a Glance: Price, Market Cap, PE and ROE<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#BSE_7830_Profit_CAGR_Since_FY22\" title=\"BSE: 78.30% Profit CAGR Since FY22\">BSE: 78.30% Profit CAGR Since FY22<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#Anand_Rathi_Wealth_3310_Profit_CAGR_Since_FY22\" title=\"Anand Rathi Wealth: 33.10% Profit CAGR Since FY22\">Anand Rathi Wealth: 33.10% Profit CAGR Since FY22<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#Nuvama_Return_on_Equity_of_2526\" title=\"Nuvama: Return on Equity of 25.26%\">Nuvama: Return on Equity of 25.26%<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#Capital_Market_Stocks_Financial_Comparison_on_Growth_and_Margins\" title=\"Capital Market Stocks: Financial Comparison on Growth and Margins\">Capital Market Stocks: Financial Comparison on Growth and Margins<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#Institutional_Holding_in_BSE_Anand_Rathi_Wealth_and_Nuvama\" title=\"Institutional Holding in BSE, Anand Rathi Wealth and Nuvama\">Institutional Holding in BSE, Anand Rathi Wealth and Nuvama<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#Risks_to_Weigh_in_Capital_Market_Stocks\" title=\"Risks to Weigh in Capital Market Stocks\">Risks to Weigh in Capital Market Stocks<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#How_to_Choose_Between_Capital_Market_Stocks\" title=\"How to Choose Between Capital Market Stocks\">How to Choose Between Capital Market Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/capital-market-stocks-to-watch-multibagger-potential\/#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-11\" href=\"https:\/\/univest.in\/blogs-2\/capital-market-stocks-to-watch-multibagger-potential\/#Frequently_Asked_Questions_on_Capital_Market_Stocks_to_Watch\" title=\"Frequently Asked Questions on Capital Market Stocks to Watch\">Frequently Asked Questions on Capital Market Stocks to Watch<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/capital-market-stocks-to-watch-multibagger-potential\/#Which_are_the_best_capital_market_stocks_to_watch_for_multibagger_potential\" title=\"Which are the best capital market stocks to watch for multibagger potential?\">Which are the best capital market stocks to watch for multibagger potential?<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#Is_BSE_a_good_stock_for_long-term_investors\" title=\"Is BSE a good stock for long-term investors?\">Is BSE a good stock for long-term investors?<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#Can_Anand_Rathi_Wealth_become_a_multibagger_from_here\" title=\"Can Anand Rathi Wealth become a multibagger from here?\">Can Anand Rathi Wealth become a multibagger from here?<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#What_is_the_market_cap_of_BSE_Anand_Rathi_Wealth_and_Nuvama\" title=\"What is the market cap of BSE, Anand Rathi Wealth and Nuvama?\">What is the market cap of BSE, Anand Rathi Wealth and Nuvama?<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#What_are_the_risks_of_investing_in_capital_market_stocks\" title=\"What are the risks of investing in capital market stocks?\">What are the risks of investing in capital market stocks?<\/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\/capital-market-stocks-to-watch-multibagger-potential\/#Why_is_Anand_Rathi_Wealth_trading_at_a_PE_of_7802\" title=\"Why is Anand Rathi Wealth trading at a PE of 78.02?\">Why is Anand Rathi Wealth trading at a PE of 78.02?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/capital-market-stocks-to-watch-multibagger-potential\/#How_much_do_institutions_hold_in_BSE_Anand_Rathi_Wealth_and_Nuvama\" title=\"How much do institutions hold in BSE, Anand Rathi Wealth and Nuvama?\">How much do institutions hold in BSE, Anand Rathi Wealth and Nuvama?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Capital_Market_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\"><\/span><strong>What Are Capital Market Stocks and Why Do They Attract Multibagger Interest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Capital market stocks are listed companies that earn from market activity and investor wealth: exchanges earn from trading, listing and data, while wealth platforms earn from advisory fees and assets under management. Revenue rises as more investors participate and portfolios grow.<\/p>\n<p>Rising financial savings, SIP flows and a larger investor base support the sector. Companies with high returns on equity, low debt and recurring fee income are the ones investors compare in capital market stocks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Capital_Market_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\"><\/span><strong>Capital Market Stocks at a Glance: Price, Market Cap, PE and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prices are as of 16 October 2026, mid-session. Nuvama has the lowest PE of the group at 29.28, while BSE posts the highest return on equity at 37.42%.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Industry PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">52-Week Range (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/bse\/bse-ltd-share-price-today\">BSE Ltd<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,450<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,39,823<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">49.55<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">42.42<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">37.42%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.00<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,326.10 to 4,446.80<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/anandrathi\/anand-rathi-wealth-ltd-share-price-today\">Anand Rathi Wealth<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,147<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">35,574<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">78.02<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">17.68<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">35.43%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.05<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,353.85 to 2,268.40<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/nuvama\/nuvama-wealth-management-ltd-share-price-today\">Nuvama Wealth Management<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,730<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">31,681<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">29.28<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">33.31<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.26%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2.80<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,096.90 to 2,066.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"BSE_7830_Profit_CAGR_Since_FY22\"><\/span><strong>BSE: 78.30% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>BSE Ltd operates one of India&#8217;s two major stock exchanges and earns from trading, listing, data and clearing services. It reported FY26 revenue of Rs 5,148.10 crore, up 59.07% year on year, and net profit of Rs 2,475.30 crore, up 87.94%. Net profit has compounded at 78.30% a year since FY22, while revenue has grown 56.26% a year. Operating margin was 68.39% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.<\/p>\n<p>In the June 2026 quarter, revenue rose 63.41% to Rs 1,706.72 crore and net profit grew 62.15% to Rs 872.66 crore. The share price has gained 2101.66% over five years and 37.49% over the past year. Domestic institutions raised their holding from 13.51% in June 2025 to 24.15% in June 2026. The stock trades at a PE of 49.55 against an industry PE of 42.42, with a return on equity of 37.42%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Anand_Rathi_Wealth_3310_Profit_CAGR_Since_FY22\"><\/span><strong>Anand Rathi Wealth: 33.10% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Anand Rathi Wealth distributes mutual funds and other financial products and manages wealth for affluent families. It reported FY26 revenue of Rs 1,253.11 crore, up 27.78% year on year, and net profit of Rs 397.17 crore, up 32.04%. Net profit has compounded at 33.10% a year since FY22, while revenue has grown 31.02% a year. Operating margin was 46.76% in FY26. The debt-to-equity ratio is 0.05, which keeps interest costs low.<\/p>\n<p>The stock trades at a PE of 78.02 against an industry PE of 17.68, with a return on equity of 35.43%. Revenue for the September 2026 quarter rose 16.14% to Rs 356.60 crore, at an operating margin of 37.63%. The share price has gained 1371.68% over five years and 38.37% over the past year. Domestic institutions raised their holding from 8.74% in September 2025 to 10.25% in September 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nuvama_Return_on_Equity_of_2526\"><\/span><strong>Nuvama: Return on Equity of 25.26%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Nuvama Wealth Management offers wealth management, asset services and capital markets services to affluent clients and institutions. It reported FY26 revenue of Rs 4,649.65 crore, up 11.52% year on year, and net profit of Rs 1,040.26 crore, up 5.60%. Revenue has compounded at 27.07% a year since FY22. Operating margin was 53.05% in FY26.<\/p>\n<p>In the June 2026 quarter, revenue rose 22.88% to Rs 1,381.96 crore and net profit grew 15.83% to Rs 305.64 crore. The share price is up 19.71% over the past year. Domestic institutions raised their holding from 6.37% in June 2025 to 8.49% in June 2026. The stock trades at a PE of 29.28 against an industry PE of 33.31, below the sector average, with a return on equity of 25.26%. The dividend yield is 1.60%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Capital_Market_Stocks_Financial_Comparison_on_Growth_and_Margins\"><\/span><strong>Capital Market Stocks: Financial Comparison on Growth and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares scale and growth across these capital market stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue Growth (YoY)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Revenue CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Net Profit CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Operating Margin (Latest Quarter)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">BSE<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5,148.10<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,475.30<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">59.07%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">56.26%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">78.30%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">77.03%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Anand Rathi Wealth<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,253.11<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">397.17<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">27.78%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">31.02%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">33.10%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">37.63%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Nuvama<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4,649.65<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,040.26<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.52%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">27.07%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.96%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">53.22%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these capital market stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_in_BSE_Anand_Rathi_Wealth_and_Nuvama\"><\/span><strong>Institutional Holding in BSE, Anand Rathi Wealth and Nuvama<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Institutional holding shows who is backing these capital market stocks alongside the promoter. The table uses the latest reported quarter for each. BSE has the deepest institutional backing, with FII and DII together holding 45.47% as of June 2026. Domestic institutions increased their holding over the past year in BSE (from 13.51% to 24.15%), Anand Rathi Wealth (from 8.74% to 10.25%) and Nuvama (from 6.37% to 8.49%).<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Promoter<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">FII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">DII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Public<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Quarter<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">BSE<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Nil<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">21.32%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">24.15%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">54.53%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Anand Rathi Wealth<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">40.95%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6.64%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.25%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">42.16%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">September 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Nuvama<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">53.98%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">19.00%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8.49%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">18.53%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Weigh_in_Capital_Market_Stocks\"><\/span><strong>Risks to Weigh in Capital Market Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Being careful with capital market stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:<\/p>\n<ul>\n<li>Income from trading and capital market activity moves with market conditions, so earnings can vary between quarters.<\/li>\n<li>Regulatory rules on derivatives, fees and distribution can change business models.<\/li>\n<li><strong>Valuation:<\/strong> Anand Rathi Wealth trades at a PE of 78.02 against an industry PE of 17.68, so earnings need to keep growing to support the price.<\/li>\n<li><strong>Concentration:<\/strong> Holding all 3 names puts the allocation in one sector, so size each position to match your risk appetite.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Between_Capital_Market_Stocks\"><\/span><strong>How to Choose Between Capital Market Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Picking from capital market stocks comes down to four checks, applied in order.<\/p>\n<ol>\n<li>Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.<\/li>\n<li>Compare each PE with the industry PE (17.68 to 42.42) and ask whether the growth rate justifies any gap.<\/li>\n<li>Track revenue growth, assets under management or trading volumes and the operating margin each quarter.<\/li>\n<li>Stagger entries across quarters and review institutional holding every reporting season.<\/li>\n<\/ol>\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 BSE, Anand Rathi Wealth and Nuvama live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among capital market stocks, BSE stands out for the highest return on equity at 37.42%, Anand Rathi Wealth for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.05 and Nuvama for the lowest PE of the group at 29.28. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing capital market stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.<\/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_on_Capital_Market_Stocks_to_Watch\"><\/span><strong>Frequently Asked Questions on Capital Market Stocks to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_capital_market_stocks_to_watch_for_multibagger_potential\"><\/span><strong>Which are the best capital market stocks to watch for multibagger potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> BSE, Anand Rathi Wealth and Nuvama are the 3 names this list highlights, with market caps of Rs 1,39,823 crore, Rs 35,574 crore and Rs 31,681 crore respectively. BSE is notable for the highest return on equity at 37.42%. Anand Rathi Wealth stands out for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.05. Nuvama offers the lowest PE of the group at 29.28. These are watchlist names for capital market stocks, not recommendations, so match each one to your own risk profile and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_BSE_a_good_stock_for_long-term_investors\"><\/span><strong>Is BSE a good stock for long-term investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> BSE has a return on equity of 37.42%, a PE of 49.55 against an industry PE of 42.42 and a market cap of Rs 1,39,823 crore. Net profit has compounded at 78.30% a year since FY22, and FY26 revenue rose 59.07% while June 2026 quarter net profit grew 62.15%. Long-term returns in capital market stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_Anand_Rathi_Wealth_become_a_multibagger_from_here\"><\/span><strong>Can Anand Rathi Wealth become a multibagger from here?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Anand Rathi Wealth has already gained 1371.68% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in capital market stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 33.10% a year since FY22, and FY26 revenue rose 27.78%. At a PE of 78.02 against an industry PE of 17.68, valuation should be checked against that growth before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_BSE_Anand_Rathi_Wealth_and_Nuvama\"><\/span><strong>What is the market cap of BSE, Anand Rathi Wealth and Nuvama?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 16 October 2026, BSE has a market cap of Rs 1,39,823 crore, Anand Rathi Wealth has a market cap of Rs 35,574 crore and Nuvama has a market cap of Rs 31,681 crore. BSE is the largest of the group. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on capital market stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_capital_market_stocks\"><\/span><strong>What are the risks of investing in capital market stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are market-linked income, regulation and valuation. Activity on exchanges and wealth platforms moves with markets, and rule changes can affect fees or products. Companies with recurring fee income are better cushioned. Anand Rathi Wealth trades at a PE of 78.02 against an industry PE of 17.68, so earnings growth needs to hold up.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Anand_Rathi_Wealth_trading_at_a_PE_of_7802\"><\/span><strong>Why is Anand Rathi Wealth trading at a PE of 78.02?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Anand Rathi Wealth&#8217;s PE of 78.02 compares with an industry PE of 17.68. The market is paying a premium for a return on equity of 35.43%, profit growth of 33.10% a year since FY22 and FY26 revenue growth of 27.78%, which also means the stock is more sensitive if growth slows. Investors in capital market stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_institutions_hold_in_BSE_Anand_Rathi_Wealth_and_Nuvama\"><\/span><strong>How much do institutions hold in BSE, Anand Rathi Wealth and Nuvama?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of the latest reported quarter, FII and DII together hold 45.47% of BSE (21.32% and 24.15%), 16.89% of Anand Rathi Wealth (6.64% and 10.25%) and 27.49% of Nuvama (19.00% and 8.49%). Rising institutional holding is a useful signal in capital market stocks, though it should be read with earnings trends rather than on its own.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best capital market stocks to watch for multibagger potential?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"BSE, Anand Rathi Wealth and Nuvama are the 3 names this list highlights, with market caps of Rs 1,39,823 crore, Rs 35,574 crore and Rs 31,681 crore respectively. BSE is notable for the highest return on equity at 37.42%. Anand Rathi Wealth stands out for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.05. Nuvama offers the lowest PE of the group at 29.28. 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