BSE shares fall 4% to snap 3-day rally as Bernstein forecasts up to 17% downside
https://economictimes.indiatimes.com/markets/stocks/news/bse-shares-fall-4-to-snap-3-day-rally-as-bernstein-forecasts-up-to-17-downside/articleshow/133953739.cms
BSE shares fell sharply on Wednesday after Bernstein initiated coverage with an Underperform rating and a Rs 2,820 target, implying 17% downside. The brokerage expects retail participation in equity derivatives to moderate and BSE’s market share gains to peak in FY27. Meanwhile, CAS-related volume concerns add to the pressure.
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