“Based upon what we have seen towards the end of the calendar year I think there is a little bit more caution as we enter into 2024. But we will have full visibility in the sort of February-March time frame. So as of now, there will be more of the same although the sentiment is starting to decline a little bit and we will be able to quantify that in the early part of fiscal Q4.”
Jefferies says Sebi’s proposed CAS changes will remove uncertainty, but still remains negative on BSE. Here’s why
Jefferies expects Sebi’s proposed CAS changes to reduce expiry-day volatility and uncertainty but remains negative on BSE shares, citing limited options-industry growth, a ceiling in
September 14, 2026