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