NSE IPO Countdown Begins: Why Experts Say Fresh Buying In BSE Is Risky

The wait for the highly anticipated NSE IPO may soon be over, with reports indicating that the DRHP could be filed as early as this week. As excitement around the NSE listing reaches its peak, Anshul Jain, Head of Research at Lakshmishree Investments, believes investors should be cautious about chasing BSE at current levels.

The long wait for the NSE IPO may finally be nearing an end. Reports suggest that the draft papers, or DRHP, could be filed soon, with some expectations pointing to a filing as early as this week. As anticipation around the NSE listing intensifies, attention has shifted to BSE, whose shares have witnessed a strong rally in recent months. Anshul jain, Head of Research , lakshmishree investments now believe that the NSE IPO buzz is in its final stages, making fresh entries into BSE increasingly risky. Technical charts indicate that BSE's recent breakout may have failed, with key support levels coming into focus. Should investors book profits now, or continue holding? Here's what analysts are saying as the countdown to the highly anticipated NSE IPO begins.