BSE shares drop 3% after second downgrade in two days. Nuvama lists CAS among 3 key headwinds
- Posted on August 18, 2026
- By Business News Today
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BSE shares drop 3% after second downgrade in two days. Nuvama lists CAS among 3 key headwinds
BSE shares extended their losing streak after Nuvama downgraded the stock to Hold and cut its target price, citing three key concerns: the impact of CAS on trading volumes, tighter bank guarantee norms and limited scope for further market-share gains. Jefferies also recently downgraded the stock, adding to pressure on its earnings outlook.
