Q2FY24 witnessed a 6.70 % year-on-year increase in revenue from operations, with the figure standing at Rs 6,217.10 crore, up from Rs 5,826.30 crore.
Nifty closed above 19,200 this week, but the coming week is likely to be all about US bond yields and US dollar index.
Nifty and Sensex closed positive this week after the Fed policy held status quo on rates, pushing down US bond yields.
Recommendation: Add; Target Price: Rs 136
NSE’s Q2FY24 consolidated PAT grew by 13% YoY to Rs20bn; however adjusting for the SGF contribution of Rs5.6bn the profits were up 36% YoY to Rs24.4bn.
Recommendation: Reduce; Target price: 2330
The latest quarterly report on index ETFs and index funds in India throws up some interesting insights on the growth story.
Recommendation: Add; Target Price: Rs 1665
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