- SEBI is the market regulator in India.
- SEBI introduced a new CAS framework regulating the Indian stock market.
- CAS implementation adversely impacted BSE shares, leading to market reactions from Jefferies.
Bernstein initiated coverage with an 'underperform' rating, citing STT concerns and scrutiny over the CAS framework.
1 report, 1 independent
Updated Sep 1
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What happened
Bernstein initiated coverage with an 'underperform' rating, citing STT concerns and scrutiny over the CAS framework.