BSE shares tumble 19% on regulatory setback; Jefferies downgrades to hold

BSE shares tumble 19% on regulatory setback; Jefferies downgrades to hold Synopsis BSE shares plummeted 19% on NSE as Sebi demanded a regulatory fee tied to annual turnover, considering notional value in options contract. It was the largest single-day decline since 2017. Jefferies downgraded BSE to Hold. BSE has to pay the amount within one month of the receipt of the letter, the filing said. Sebi board had introduced the regulatory fee on recognised stock exchanges under the Securities and …