Should you buy BSE shares ahead of the NSE IPO? (opens original article in a new tab)

The NSE has filed its IPO prospectus, with analysts suggesting BSE shares have already priced in much of the expected positive sentiment from the NSE listing, advising caution for new investors.

• NSE filed DRHP with SEBI for its IPO, expected to be one of the largest in India with a size of ₹30,000 crore.
• BSE shares have risen significantly, with analysts suggesting much of the NSE IPO optimism is already reflected in BSE's valuation.
• Analysts recommend holding existing BSE positions but caution against fresh investments due to high valuations and uncertain future growth prospects.