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NSE shares in focus after Q2 net profit rises 23% YoY. Why Jefferies, other brokerages remain bullish?

Jefferies and Emkay rate stocks including a list of stocks.

· ET Stocks, Economic Times Markets

NSE reported a 23% year-on-year rise in Q2 FY27 consolidated net profit to Rs 2,578 crore, driven by higher trading volumes and transaction revenue. The exchange also approved divesting up to 40% stake in its coal exchange subsidiary. Jefferies and Emkay maintained Buy ratings, projecting further upside in NSE shares.

Period
Q2 FY27

Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.

  • With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • Brokerage calls from Jefferies and Emkay, with ratings on the stocks named.