UBS lifts BSE share price target to Rs 3,650 as stock surges 7% to record high. But should you buy?

BSE shares surged to an all-time high, fueled by broker upgrades and strong derivatives trading. While UBS and Nuvama are bullish on continued market share gains and revenue growth, Jefferies maintains a ‘Hold’ rating, citing reliance on weekly options and regulatory risks. Management remains optimistic about STT impact and future growth drivers.