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BSE Ltd.
25 Oct 2023
2735.00
1.34%
ICICI Securities Limited
Bombay Stock Exchange (BSE) is consolidating on its newly-found traction in equity index options segment. Volume growth has been stellar in Q2FY24 (index options ADTO in Sensex moved from almost 0 in May’23 to INR 26trn in Sep’23) and now pricing has also improved substantially (INR 50/mn of premium turnover in Apr’23 to ~INR 260/mn on weighted basis as per notification in Oct’23).
BSE Ltd. has an average target of 2687.33 from 3 brokers.
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