India's CDSL, NSDL Seen Boosting Q2 Earnings on IPO Activity
India's strong primary-market activity is expected to boost CDSL and NSDL's Q2 FY27 earnings, with brokerages anticipating higher IPO-linked income and new account openings, despite subdued secondary-market transaction revenues.
India's strong primary-market activity is expected to lift Q2 FY27 earnings at CDSL and NSDL, even as subdued secondary-market activity continues to weigh on transaction revenues. Brokerages expect IPO-linked income, annual issuer services and new demat accounts to support the quarter, with the source section ending at c… on Oct. 6.