The bids for India’s oldest stock exchange, BSE Ltd, seem to be sliding. Worryingly, in FY19, BSE seems to have conceded more ground to the National Stock Exchange of India Ltd (NSE). Average daily turnover in the cash segment, which hovered around ₹4,400 crore in FY18, has dipped to around ₹3,100 in FY19. This was at a time when daily turnover on NSE’s cash segment continued to rise. Still, investors must keep an eye out for its the market share in the core cash segment.

Source: Mint May 09, 2019 17:48 UTC