BSE Shares, BSE Stocks, BSE Share Price Updates 16 Oct 2024: BSE shares close 5% lower; Jefferies downgrades the stock

BSE share price closing figures: Stock closed 5% lower

BSE shares closed 5.41% lower on the NSE at ₹4,495.

BSE shares traded at ₹4,527 on the NSE, down by 4.74% as at 3 pm.

BSE share price today: Stock falls 3%

Shares of BSE Ltd traded at ₹4,600 on the NSE, lower by 3.20% as at 2.16 pm.

BSE Ltd shares traded at ₹4,552.90 on the NSE, down by 4.19% as at 1.22 pm.

BSE share price update: Shares down 4.53%

Stock of BSE Ltd traded at ₹4,536.80 on the NSE, lower by 4.53% as at 12.19 pm.

BSE shares traded at ₹4,536.45 on the NSE, lower by 4.54% as at 11.13 am.

BSE Share Price Today: Stock declines 6%

Shares of BSE Ltd traded at ₹4,468.10 on the NSE, lower by 5.98% as at 10 am.

BSE stock in focus: Brokerage on BSE Ltd

Jefferies on BSE

• Downgrade to U-P, TP raised to Rs 3500
• STK up >100% post SEBI’s new F&O framework
• Assuming 25% hit to overall mkt vols, BSE’s val (@P/E of 40x FY26E) implies its mkt share rising from 13% in 2Q to 30-35%; appears stretched
• See near-term risk-reward unfavorable