Updated Sep 15, 2025 06:47 IST

CDSL, NSDL: Should buy capital market stocks at current levels? (Pic: ET NOW)
Speaking to ET NOW, Osho Krishan, Senior Analyst – Technical & Derivative Research at Angel One, said that investor confidence is one of the main drivers of equity markets. CDSL and NSDL are crucial to the functioning of the capital market as they facilitate the holding and transfer of securities.
“My view is positive on all capital market stocks from long-term perspective. CDSL and NSDL both have very strong dominance in the market. So one can definitely look to start accumulating the two stocks from current levels,” the market expert said.
Commenting specifically on CDSL stock, the market expert said that “there has been a strong consolidation in CDSL in the zone of 1500 to Rs 1450”. “I expect that from here onwards, the upward trajectory in CDSL is more probable. So one can look for buying opportunity in CDSL and also in NSDL”.
“Start accumulating at current levels. From a long-term perspective, I expect that both the stocks (CDSL, NSDL) have strong potential to outperform the market,” the market expert said.
Narendra Solanki, Head Fundamental Research -Anand Rathi-Investment Services, said that view is positive on the capital market segment. “Both these companies (CDSL and NSDL) have been encouraging. They had some kind of overvaluation concerns but with the recent fall in stocks, the valuations have corrected,” he said.
“We are seeing growth coming back in the sector. From medium to long-term perspective, capital market stocks are looking promising,” the market expert said.
CDSL shares (listed on NSE) closed in the green at Rs 1550 during Friday’s trading session. NSDL shares (listed on BSE), however, closed in the red at Rs 1280.65. NSDL made its Dalal Street debut in the first week of August 2025.
NSDL was incorporated in 1996 whereas CDSL was incorporated in 1999. Both NDSL and CDSL are regulated by the Securities and Exchange Board of India (SEBI).
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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
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