{"id":335074,"date":"2026-11-02T15:31:20","date_gmt":"2026-11-02T10:01:20","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=335074"},"modified":"2026-11-02T15:31:20","modified_gmt":"2026-11-02T10:01:20","slug":"nse-share-price-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nse-share-price-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/","title":{"rendered":"NSE Share Price Target: Morgan Stanley and JPMorgan Initiate Coverage With Overweight, See Up to 30% Upside, but the Stock Still Trades Below Its IPO Price of Rs 1,785"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Morgan Stanley Overweight, target Rs 2,315 (about 30% upside). JPMorgan Overweight, Rs 2,130. NSE Rs 1,780.10 vs IPO price Rs 1,785 (3:26 PM, 2 Nov 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;\">NSE share price target: Morgan Stanley initiated coverage on the National Stock Exchange with Overweight and a target of Rs 2,315, about 30% above Friday&#8217;s Rs 1,782.10, and JPMorgan has Overweight with Rs 2,130. NSE shares were at Rs 1,780.10 on BSE at 3:26 PM IST on 2 November 2026, slightly below the IPO price of Rs 1,785. Both brokerages cite India&#8217;s rising retail participation and NSE&#8217;s market dominance.<\/p>\n<\/p><\/div>\n<p>The <strong>NSE share price target<\/strong> from Wall Street is out: Morgan Stanley and JPMorgan have each started coverage of the National Stock Exchange of India with an Overweight rating, and Morgan Stanley&#8217;s Rs 2,315 target implies about 30% upside. Yet the stock has mostly traded below its IPO price since listing in September 2026. This guide to the <strong>NSE share price target<\/strong> covers the targets, why the brokerages like NSE, what the stock has done, and the risks, especially regulation.<\/p>\n<p>Prices are as of 3:25 PM IST on 2 November 2026. NSE&#8217;s shares are listed on BSE, and the brokerage targets are opinions that can change.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><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\/nse-share-price-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#NSE_Share_Price_Target_What_Brokerages_Say\" title=\"NSE Share Price Target: What Brokerages Say\">NSE Share Price Target: What Brokerages Say<\/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-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#NSE_Share_Price_Today_and_Since_the_IPO\" title=\"NSE Share Price Today and Since the IPO\">NSE Share Price Today and Since the IPO<\/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-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#Why_Are_Morgan_Stanley_and_JPMorgan_Bullish_on_NSE\" title=\"Why Are Morgan Stanley and JPMorgan Bullish on NSE?\">Why Are Morgan Stanley and JPMorgan Bullish on NSE?<\/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-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#Risks_Regulation_Market_Share_and_Volatility\" title=\"Risks: Regulation, Market Share and Volatility\">Risks: Regulation, Market Share and Volatility<\/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-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#Is_the_NSE_Stock_a_Buy_at_the_IPO_Price\" title=\"Is the NSE Stock a Buy at the IPO Price?\">Is the NSE Stock a Buy at the IPO Price?<\/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-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#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-7\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#Frequently_Asked_Questions_on_NSE_Share_Price_Target\" title=\"Frequently Asked Questions on NSE Share Price Target\">Frequently Asked Questions on NSE Share Price Target<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#What_is_the_NSE_share_price_target_from_Morgan_Stanley\" title=\"What is the NSE share price target from Morgan Stanley?\">What is the NSE share price target from Morgan Stanley?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#What_is_the_JPMorgan_target_for_NSE\" title=\"What is the JPMorgan target for NSE?\">What is the JPMorgan target for NSE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#What_is_the_NSE_share_price_today\" title=\"What is the NSE share price today?\">What is the NSE share price today?<\/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-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#Is_the_NSE_stock_trading_below_its_IPO_price\" title=\"Is the NSE stock trading below its IPO price?\">Is the NSE stock trading 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-12\" href=\"https:\/\/univest.in\/blogs-2\/nse-share-price-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#Where_are_NSE_shares_listed\" title=\"Where are NSE shares listed?\">Where are NSE shares listed?<\/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-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#What_are_the_main_risks_for_NSE_shares\" title=\"What are the main risks for NSE shares?\">What are the main risks for NSE shares?<\/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-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#Why_does_NSEs_options_market_matter\" title=\"Why does NSE&#x27;s options market matter?\">Why does NSE&#x27;s options market matter?<\/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-target-morgan-stanley-jpmorgan-overweight-up-to-30-percent-upside-2-november-2026\/#Should_I_buy_NSE_shares_after_the_Overweight_ratings\" title=\"Should I buy NSE shares after the Overweight ratings?\">Should I buy NSE shares after the Overweight ratings?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"NSE_Share_Price_Target_What_Brokerages_Say\"><\/span><strong>NSE Share Price Target: What Brokerages Say<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Brokerage<\/th>\n<th>Rating<\/th>\n<th>Target<\/th>\n<th>Upside from about Rs 1,782<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Morgan Stanley<\/td>\n<td>Overweight<\/td>\n<td>Rs 2,315<\/td>\n<td>About 30%<\/td>\n<\/tr>\n<tr>\n<td>JPMorgan<\/td>\n<td>Overweight<\/td>\n<td>Rs 2,130<\/td>\n<td>About 20%<\/td>\n<\/tr>\n<tr>\n<td>360 ONE<\/td>\n<td>Buy<\/td>\n<td>Not stated<\/td>\n<td>Up to 30% (per reports)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: Bloomberg, Whalesbook and Zee Business reports of 1 and 2 November 2026. Bloomberg reported that Morgan Stanley and JPMorgan initiated coverage as the stock continues to trade mostly below its IPO price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"NSE_Share_Price_Today_and_Since_the_IPO\"><\/span><strong>NSE Share Price Today and Since the IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NSE share price (BSE, 3:26 PM IST)<\/td>\n<td>Rs 1,780.10, down Rs 2.00 (-0.11%)<\/td>\n<\/tr>\n<tr>\n<td>Day&#x27;s range<\/td>\n<td>Rs 1,773.30 to Rs 1,794.90<\/td>\n<\/tr>\n<tr>\n<td>IPO issue price<\/td>\n<td>Rs 1,785 (price band Rs 1,700 to Rs 1,785)<\/td>\n<\/tr>\n<tr>\n<td>Listing price (24 September 2026)<\/td>\n<td>Rs 1,800, a premium of about 0.8%<\/td>\n<\/tr>\n<tr>\n<td>IPO size<\/td>\n<td>Rs 22,561.57 crore, entirely an offer for sale, subscribed 5.71 times<\/td>\n<\/tr>\n<tr>\n<td>Market cap at current price<\/td>\n<td>About Rs 4.4 lakh crore (247.5 crore shares)<\/td>\n<\/tr>\n<tr>\n<td>EPS (FY25)<\/td>\n<td>Rs 41.62<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: BSE data, IPO documents and market data providers. The market cap is computed from the share count in IPO documents and the current price. The stock listed at a small premium, and after a brief rise on listing day it has drifted back to roughly the issue price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Are_Morgan_Stanley_and_JPMorgan_Bullish_on_NSE\"><\/span><strong>Why Are Morgan Stanley and JPMorgan Bullish on NSE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The common thread is India&#8217;s deepening capital markets. Rising retail investment, strong trading activity and new businesses are expected to lift revenue and earnings over the long term, and brokerages expect NSE&#8217;s market dominance to hold. <strong>Morgan Stanley NSE<\/strong> research highlights strong liquidity and the ability to handle large volumes, and reportedly expects NSE to keep about 65% of <strong>index options<\/strong>, the segment that drives most of its trading revenue.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare exchange and capital market stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_Regulation_Market_Share_and_Volatility\"><\/span><strong>Risks: Regulation, Market Share and Volatility<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Regulatory risk<\/strong> is the biggest concern raised in the reports. Exchange revenue depends heavily on derivatives, and rule changes, for example on derivatives contracts, can cut volumes. Competition from BSE, which has been gaining in options, is another risk to NSE&#8217;s <strong>market share<\/strong>: BSE Sensex options set a record in October, and BSE Ltd is trading at Rs 3,491.50. Trading revenue also tracks market volatility, which is currently high.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_the_NSE_Stock_a_Buy_at_the_IPO_Price\"><\/span><strong>Is the NSE Stock a Buy at the IPO Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On the <strong>NSE share price<\/strong>, the stock is almost exactly at its <strong>IPO price<\/strong> of Rs 1,785, so investors who bought in the issue are roughly flat, while the brokerage targets imply a gap to close. Whether it closes depends on regulation, derivatives volumes and the pace of new business. A target is a forecast, not a promise, so consider your horizon and risk limits, and avoid concentrating too much of a portfolio in one stock.<\/p>\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 exchange stocks live.<\/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>The <strong>NSE share price target<\/strong> of Rs 2,315 from Morgan Stanley and Rs 2,130 from JPMorgan, both Overweight, signal institutional confidence in India&#8217;s capital markets story, yet the stock has barely moved from its Rs 1,785 IPO price. Regulation and BSE&#8217;s rising options share are the main swing factors.<\/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_NSE_Share_Price_Target\"><\/span><strong>Frequently Asked Questions on NSE Share Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_NSE_share_price_target_from_Morgan_Stanley\"><\/span><strong>What is the NSE share price target from Morgan Stanley?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Morgan Stanley initiated coverage on NSE with an Overweight rating and a target price of Rs 2,315, which implies about 30% upside from around Rs 1,782. It cited strong liquidity and market dominance, and flagged regulatory change as the main risk. Brokerage targets are opinions and may change.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_JPMorgan_target_for_NSE\"><\/span><strong>What is the JPMorgan target for NSE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> JPMorgan initiated coverage with an Overweight rating and a target price of Rs 2,130, about 20% above the current price. Its view is based on India&#x27;s growing financial savings and the exchange&#x27;s dominance in capital markets. Check for updated research notes, as targets are revised.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_NSE_share_price_today\"><\/span><strong>What is the NSE share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NSE shares traded at Rs 1,780.10 on BSE at 3:26 PM IST on 2 November 2026, down Rs 2 or 0.11%, with a day&#x27;s range of Rs 1,773.30 to Rs 1,794.90. The IPO price was Rs 1,785 and the stock listed at Rs 1,800 on 24 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_NSE_stock_trading_below_its_IPO_price\"><\/span><strong>Is the NSE stock trading below its IPO price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It is very close to it. At Rs 1,780.10 it is slightly below the issue price of Rs 1,785, and Bloomberg reports it has mostly traded below the IPO price since listing in September. The listing price of Rs 1,800 was a premium of about 0.8%, which faded within days.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_are_NSE_shares_listed\"><\/span><strong>Where are NSE shares listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NSE&#x27;s shares listed on BSE on 24 September 2026, and the quote shown on most trading platforms is the BSE price. Check with your broker for how to buy the stock and for any trading restrictions that may apply.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_for_NSE_shares\"><\/span><strong>What are the main risks for NSE shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Regulatory changes by SEBI that affect derivatives volumes, such as contract sizes or expiry rules, competition from BSE in options, a fall in trading activity if markets weaken, and a valuation that already prices in growth. Morgan Stanley flags regulatory change as a major risk.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_NSEs_options_market_matter\"><\/span><strong>Why does NSE&#x27;s options market matter?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Derivatives, mainly index options, generate most of the exchange&#x27;s trading revenue, so a change in options volumes affects earnings directly. Morgan Stanley reportedly expects NSE to hold about 65% of index options. BSE has been gaining share, with record Sensex options turnover in October 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_NSE_shares_after_the_Overweight_ratings\"><\/span><strong>Should I buy NSE shares after the Overweight ratings?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Initiations by two global brokerages add confidence but do not guarantee gains, and the stock has not risen since listing. Consider valuation, regulatory risk and your horizon, and stagger purchases. This is not investment advice, so consult a SEBI-registered advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the NSE share price target from Morgan Stanley?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Morgan Stanley initiated coverage on NSE with an Overweight rating and a target price of Rs 2,315, which implies about 30% upside from around Rs 1,782. It cited strong liquidity and market dominance, and flagged regulatory change as the main risk. Brokerage targets are opinions and may change.\"}},{\"@type\":\"Question\",\"name\":\"What is the JPMorgan target for NSE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"JPMorgan initiated coverage with an Overweight rating and a target price of Rs 2,130, about 20% above the current price. Its view is based on India's growing financial savings and the exchange's dominance in capital markets. Check for updated research notes, as targets are revised.\"}},{\"@type\":\"Question\",\"name\":\"What is the NSE share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"NSE shares traded at Rs 1,780.10 on BSE at 3:26 PM IST on 2 November 2026, down Rs 2 or 0.11%, with a day's range of Rs 1,773.30 to Rs 1,794.90. The IPO price was Rs 1,785 and the stock listed at Rs 1,800 on 24 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Is the NSE stock trading below its IPO price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is very close to it. At Rs 1,780.10 it is slightly below the issue price of Rs 1,785, and Bloomberg reports it has mostly traded below the IPO price since listing in September. The listing price of Rs 1,800 was a premium of about 0.8%, which faded within days.\"}},{\"@type\":\"Question\",\"name\":\"Where are NSE shares listed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"NSE's shares listed on BSE on 24 September 2026, and the quote shown on most trading platforms is the BSE price. Check with your broker for how to buy the stock and for any trading restrictions that may apply.\"}},{\"@type\":\"Question\",\"name\":\"What are the main risks for NSE shares?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Regulatory changes by SEBI that affect derivatives volumes, such as contract sizes or expiry rules, competition from BSE in options, a fall in trading activity if markets weaken, and a valuation that already prices in growth. Morgan Stanley flags regulatory change as a major risk.\"}},{\"@type\":\"Question\",\"name\":\"Why does NSE's options market matter?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Derivatives, mainly index options, generate most of the exchange's trading revenue, so a change in options volumes affects earnings directly. Morgan Stanley reportedly expects NSE to hold about 65% of index options. BSE has been gaining share, with record Sensex options turnover in October 2026.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy NSE shares after the Overweight ratings?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Initiations by two global brokerages add confidence but do not guarantee gains, and the stock has not risen since listing. Consider valuation, regulatory risk and your horizon, and stagger purchases. This is not investment advice, so consult a SEBI-registered advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NSE share price target: Morgan Stanley sets Rs 2,315 and JPMorgan Rs 2,130 with Overweight ratings, up to 30% upside. Stock is near its Rs 1,785 IPO price. Brokerage views, risks and what to watch.<\/p>\n","protected":false},"author":35,"featured_media":335073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[7603,19308,19306,19305,5341,7227,17504,19307],"class_list":["post-335074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-exchange-stocks","tag-index-options","tag-jpmorgan","tag-morgan-stanley-nse","tag-nse-ipo","tag-nse-share-price","tag-nse-share-price-target","tag-overweight-rating"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["335073"],"rank_math_title":["NSE Share Price Target: Morgan Stanley, JPMorgan Overweight"],"rank_math_description":["NSE share price target: Morgan Stanley sets Rs 2,315 and JPMorgan Rs 2,130 with Overweight, up to 30% upside. Stock at Rs 1,780 vs IPO price Rs 1,785. Risks."],"rank_math_focus_keyword":["NSE share price target"],"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\/11\/nse-share-price-target-morgan-stanley-and-jpmorgan-initiate-coverage-with.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/335074","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\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=335074"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/335074\/revisions"}],"predecessor-version":[{"id":335075,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/335074\/revisions\/335075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/335073"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=335074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=335074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=335074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}