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June 30, 2025
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Motilal Oswal downgrades BSE to 'Neutral', cuts target price to Rs 2,300 on expiry shift impact



Motilal Oswal has downgraded BSE to ‘Neutral’ and cut its target price to Rs 2,300, citing potential market share loss after the exchange shifts its weekly Sensex derivatives expiry from Tuesday to Thursday, effective September 1, 2025. The brokerage expects the move to dent BSE’s premium turnover share, which stood at 22.6% in May 2025.



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