menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

BSE To See...
source image

Bloomberg Quint

2w

read

25

img
dot

Image Credit: Bloomberg Quint

BSE To See Limited Impact Of Jane Street Saga, Say Analysts

  • SEBI's recent ban on Jane Street for market manipulation is causing concerns in the financial markets, but analysts predict a limited impact on BSE.
  • Jefferies and Goldman Sachs anticipate a manageable impact on BSE, with Jefferies noting that the earnings hit may be low as Foreign Portfolio Investors (FPIs) contribute 3-4% of turnover.
  • Goldman Sachs maintains a neutral stance on BSE, reducing its target price and EPS slightly to account for recent volumes.
  • Both brokerages expect BSE's cash equity market share to improve in the medium term, citing the addition of new members and the recent launch of the Common contract note as positive factors.

Read Full Article

like

1 Like

For uninterrupted reading, download the app