Jefferies said NSE's higher clearing market share and premium to notional turnover in equity options have helped it deliver stronger profitability than BSE
BSE, MCX shares fall 4% as Jefferies sees IPO-bound NSE as more diversified
BSE, MCX shares fell after Jefferies favored NSE.
Jefferies sees NSE as more diversified with 90% market share.
NSE has strong tech, commodities, and higher profitability.
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J Jagannath
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