Jefferies backs NSE ahead of IPO, BSE and MCX shares fall

Jefferies backs NSE ahead of IPO, BSE and MCX shares fall. The brokerage’s endorsement of NSE ahead of its public listing has triggered a sell-off in rival exchanges. BSE and MCX shares declined 5.2% and 3.8% respectively on the report. Investor sentiment may shift toward NSE as its IPO nears.

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