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.
FPIs pare stake in Adani companies, DIIs raise holdings
Late November, the Gautam Adani-owned group was hit by indictment charges from the US judicial and regulatory platforms, although the management of the conglomerate denied
January 15, 2025