Saturday, October 03
Citing concerns over a potential market share loss following the shift in weekly contract expiries, domestic brokerage firm Motilal Oswal has downgraded its rating on BSE to ‘Neutral’ and revised its target price to Rs 2,300, implying a 14% downside from the previous closing price of Rs 2,664.The downgrade follows BSE’s announcement of a change in the expiry day for its weekly Sensex contracts—from uesday to Thursday—effective September 1, 2025. According to Motilal Oswal, the shift is expected to impact BSE’s premium turnover market share, which stood at 22.6% in May 2025.“We note that this shift will lead to a loss in market share for BSE in terms of premium turnover, which stood at 22.6% in May ’25,” the brokerage said.Also Read: 8 debt-free penny stocks that surged 11
Optiemus Infracomm on Wednesday said Optiemus Electronics has partnered with OnePlus to locally manufacture premium Internet of Things (IoT) devices in India, as part of the company’s localisation initiative, Project Starlight, aimed at strengthening its presence in the Indian market. The collaboration includes the manufacturing of key IoT products such as truly wireless stereo (TWS) earbuds and wireless neckbands. The production has commenced with the OnePlus Bullets Wireless Z3 at the Optiemus facility. These devices, known for their low latency and strong audio performance, will now be made in India for Indian consumers. Through this partnership, OnePlus aims to increase localisation at the bill-of-material (BOM) level, reduce costs, and build a more resilient supply chain. This devel
