Moneycontrol.com·1 min read·medium
BSE, MCX shares fall 4% as Jefferies sees IPO-bound NSE as more diversified
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Shares of Indian stock exchanges BSE and MCX dropped by 4% following a report from brokerage firm Jefferies. The report suggests that the National Stock Exchange (NSE), which is preparing for an IPO, offers a more diversified business model.
Shares of BSE and MCX fell up to 4% on July 7 after brokerage firm Jefferies said it sees IPO-bound NSE as more 'diversified'. Jefferies said NSE, which has filed draft papers with SEBI for its Rs 30,000-crore initial public offer (IPO), has a more d... [2594 chars]
businesseconomy
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