BSE, MCX shares drop 4% on Jefferies' NSE IPO note

BSE, MCX shares drop 4% on Jefferies' NSE IPO note — Brokerage Jefferies downplayed BSE and MCX prospects, favoring the more diversified IPO-bound NSE. This comparison triggered a 4% fall in share prices of both exchanges today. Investor focus shifts to NSE’s upcoming public listing and competitive landscape among Indian exchanges.

📊 STOCKS: BSE | MCX | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #IPO