BSE shares fall 2% as NSE makes market debut. Here’s why Macquarie sees 22% upside

On Thursday, BSE shares fell by 1.5%, coinciding with NSE’s much-anticipated market debut after a lengthy IPO process. The initial response from analysts was varied; while Macquarie predicted a potential rise in BSE’s target price, both Nuvama and Jefferies warned of looming regulatory hurdles that might impact market engagement. Despite the recent downturn, BSE has shown robust growth over the years, indicating resilience amid market volatility.
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