rallied sharply earlier this week, breaking past ₹2,700 resistance before mild profit booking set in. The stock continues to trade above its 9-day EMA (₹2,670), sustaining its bullish structure. Volumes remain healthy, suggesting strong accumulation. Next resistance is at ₹2,950–₹3,050; immediate support lies near ₹2,670.
Fundamental View:
The surge in BSE’s share price is backed by robust Q2FY26 earnings, where profit jumped over 70% YoY due to record derivative trading volumes and margin expansion in the equity segment. With BSE regaining its position in index derivatives, volumes in Sensex & Bankex contracts have surged over 15x since April. The exchange also benefits from new product approvals and traction in mutual fund distribution and SME listings.
Analyst Rating:
Brokerages remain Bullish, expecting earnings CAGR above 30% for FY24–26. Target: ₹3,050 (≈8% upside) | Stop-loss: ₹2,650.