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.
RBI in wait-and-watch mode despite easing West Asia risks: Sanjay Malhotra
Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers