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BSE Set to Gain Most From SEBI CAS Changes, Says Siddhartha Khemka
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CNBC TV18•16-10-2026, 10:04
BSE Set to Gain Most From SEBI CAS Changes, Says Siddhartha Khemka
- •Siddhartha Khemka of Motilal Oswal Financial Services identifies BSE as a prime beneficiary of SEBI's recent closing auction session changes.
- •BSE shares surged nearly 10 percent from recent lows as investors anticipate a strong recovery in derivatives trading volumes.
- •Khemka notes that BSE's recent price correction makes its risk-reward profile more attractive compared to NSE.
- •In the IT sector, Tech Mahindra and HCLTech are preferred largecap picks, while Persistent Systems and Coforge lead in the midcap space.
Key Questions Answered
Siddhartha Khemka believes BSE could be one of the biggest beneficiaries of SEBI's closing auction session changes, supported by a potential recovery in derivatives trading volumes and an attractive risk-reward profile compared to NSE.
Persistent Systems has reported strong organic revenue growth, but margin pressure, integration expenses, leverage, and uncertainty around its proposed acquisition of Nagarro could limit its near-term stock performance and profitability.
Tech Mahindra and HCLTech are the preferred picks in the large-cap space, while Persistent Systems and Coforge are favored in the mid-cap space due to their high demonstrated growth.
