BUZZ — NSE offers gateway to Indian capital market, says Emkay as it starts coverage

* National Stock Exchange offers a gateway to India's capital markets, as market development, growth story has a long runway in the country, says Emkay Global * Brokerage starts coverage with "buy" and PT of 2,050 rupees, implying a 15% upside * "We see a strong case for NSEI shares to be part of every India-focussed equity portfolio" - Emkay Global * Says NSEI's leadership across cash and cash derivatives, rising household savings, record SIP flows augur well for its earnings outlook * Projects NSEI to clock about 12% revenue CAGR over FY2027-2029 estimates * NSEI lists at 0.84% premium over issue price on Thursday, rises as much as 5% * Macquarie, PL Capital and AMSEC start coverage with "outperform", "accumulate" and "buy" ratings (Reporting by Bharath Rajeswaran in Bengaluru) ((mailto:bharath.rajeswaran@thomsonreuters.com; +91 9769003463;)