BSE Ltd shares rose 4.9% after Jefferies upgraded its rating to ‘hold’ and increased the target price to Rs 5,250. The upgrade reflects optimism about earnings potential despite challenges from Sebi’s new F&O rules. Analysts expect brokers to implement price hikes, stabilizing volumes. Goldman Sachs also initiated coverage with a ‘neutral’ stance and target price of Rs 5,060.
Sensex rises 300 points; Nifty above 24,350 as oil prices slide. What lies ahead?
On Wednesday, Indian stock markets rallied, buoyed by a decrease in oil prices and renewed optimism surrounding the reopening of the Strait of Hormuz, following