
BSE share price surged sharply on January 12, rising as much as 4.57% to hit an intraday high of ₹2,791.60 on the NSE. The rally came after fresh reports suggested progress on the long-awaited National Stock Exchange (NSE) initial public offering (IPO), improving sentiment across select capital market stocks.
Market optimism was driven by indications that the market regulator is at an advanced stage of issuing a no-objection certificate (NOC) for the NSE IPO. Once the NOC is granted, NSE can move ahead with filing its draft red herring prospectus and formally begin the IPO process.
The potential listing of NSE has been awaited for several years and is seen as a major milestone for India’s capital markets. NSE already has a broad shareholder base of around 1.72 lakh shareholders and does not have a promoter holding, which positions it well for listing once regulatory approvals are in place.
BSE shares reacted positively as the possible listing of NSE is expected to bring renewed investor attention to exchange-related stocks. Increased market activity, higher participation, and growing interest in capital market infrastructure companies often benefit listed peers.
The rally in BSE reflects expectations of stronger trading volumes, improved valuations, and greater visibility for the capital market ecosystem if NSE’s IPO moves forward.
While BSE recorded strong gains, other capital market stocks showed a mixed performance. CDSL shareprice was trading modestly higher, indicating steady investor interest in depository services. In contrast, NSDLshare price was under pressure, while CAMSshare price also traded lower during the session.
This uneven movement suggests that investors are being selective, focusing more on companies directly linked to the IPO development and near-term triggers.
NSE reported a 33% year-on-year decline in consolidated profit after tax to ₹2,098 crore for the September quarter of FY26. The drop was mainly due to a one-time provision related to regulatory settlement matters.
After adjusting for this provision, NSE’s profit showed a healthier picture, with an improvement compared to the previous quarter. However, the final outcome of the settlement applications remains uncertain, keeping some regulatory risk in focus.
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The sharp rise in BSE shares highlights how positive regulatory signals around the NSE IPO have lifted sentiment in capital market stocks. While some peers remained under pressure, expectations of a major listing and renewed activity in the exchange space supported investor confidence. Market participants are now closely watching regulatory developments for further clarity on the IPO timeline.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jan 12, 2026, 1:28 PM IST

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