Capital Market Stocks Extend Slide Amid Broad Market Weakness

Shares of key capital market intermediaries, including Bombay Stock Exchange (BSE) Ltd., Central Depository Services Ltd. (CDSL), and Angel One Ltd., fell by up to 5% on Wednesday, extending their losing streak for the third consecutive session amid broader equity market declines.

BSE was the worst hit among the group, dropping over 5% on Wednesday and sliding 8% over the three trading sessions this week.

Angel One fell nearly 2.5% during the day and has declined in five of the last six sessions. For the week, the stock is down 6%.

CDSL shares have been under sustained pressure, falling 2.7% on Wednesday and declining in eight of the last nine trading sessions. The stock is down 5% over the three-day period.

Despite the drop, selling in BSE was not accompanied by significantly higher volumes. About 44 lakh shares were traded on Wednesday, in line with its 20-day average.

Similarly, CDSL and Angel One also saw lower-than-average trading volumes. CDSL recorded 14 lakh shares traded versus a 20-day average of 16 lakh, while Angel One saw 4.4 lakh shares change hands compared to its 20-day average of 8.3 lakh shares.

Multi Commodity Exchange (MCX) also fell in line with its peers, shedding value on subdued volumes—5 lakh shares traded versus a 20-day average of 5.25 lakh shares.

From recent highs, BSE shares are now down 15% from their 52-week peak of ₹3,030, while Angel

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