Brokerage Take: Motilal Oswal downgrades BSE to 'Neutral'; target price cut to Rs 2,300

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BSE downgraded to ‘Neutral’ by Motilal Oswal; target cut to ₹2,300.
BSE's Weekly expiry shift to Thursday from Sep 1, 2025.
Risk to market share, currently at 22.6% (May 2025).
Lower volume on Wed/Thu may hurt BSE.
Expected hit: 350–400 bps market share loss.

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