New Delhi, March 6 -- Goldman Sachs has cut its price target on BSE Ltd. for the second time within a week, citing concerns over its market share in options trading. The brokerage firm retained its neutral rating on the stock while reducing its target price to Rs.4,230 per share, reflecting a potential downside of nearly 2 percent from its last closing price. Earlier in the week, on March 3, Goldman Sachs had already lowered its target from Rs.5,650 to Rs.4,880, anticipating challenges in BSE's options market performance.

Goldman Sachs highlighted that National Stock Exchange's (NSE) decision to shift the expiry day of futures and options (F&O) contracts to Monday from Thursday, effective April 4, could be a significant setback for BSE's...