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BSE shares bounce 2% after 5-session losing streak. Here’s why Jefferies, Nuvama advise caution

BSE shares face fresh pressure after Nuvama and Jefferies downgraded the stock, citing headwinds from the Closing Auction Session, RBI’s bank guarantee norms and limited scope for further market share gains. Nuvama cut its target price to Rs 3,240, while Jefferies lowered its target to Rs 2,940.

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Economic TimesLean R·1h ago
BSE shares bounce 2% after 5-session losing streak. Here’s why Jefferies, Nuvama advise caution
BSE shares face fresh pressure after Nuvama and Jefferies downgraded the stock, citing headwinds from the Closing Auction Session, RBI’s bank guarantee norms and limited scope for further market share gains. Nuvama cut its target price to Rs 3,240, while Jefferies lowered its target to Rs 2,940.
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BSE shares bounce 2% after 5-session losing streak. Here’s why Jefferies, Nuvama advise caution

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BSE shares bounce 2% after 5-session losing streak. Here’s why Jefferies, Nuvama advise caution

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