Billionbrains Garage Ventures544603Brokerage, financial services
Jefferies flagged Groww as a key beneficiary of SEBI's changes to closing auction session methodology, maintaining a buy rating
By ScoutQuest · · 1 min read
Heard on business television between 08:09:36 - 08:12:36 IST.
- Jefferies said SEBI's change in the methodology to compute settlement price of index derivatives should reduce expiry day volatility under CAST.
- This is expected to benefit brokers like Groww whose order volumes remain below pre-CAST levels, while exchanges may see turnover revert to pre-CAST levels limiting their earnings upside.
- Jefferies called this a bigger positive for brokers versus exchanges (BSE, NSE).
- Jefferies maintained a buy call on Groww based on this development.
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Source: Live TV News Channel · 16 Oct 2026
The call above is Jefferies's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.