Here’s a crisp and professional rewrite of your market update:
BSE Shares Slide After Stellar Rally; Enters ASM Stage 1 Watchlist ⚠️
Shares of India’s oldest stock exchange, BSE, dropped nearly 4% in intraday trade on Wednesday after being placed under Additional Surveillance Measures (ASM) Stage 1, following a sharp 140% rally over the past three months.
🔻 Intraday Movement:
- Fell as much as 4.46% to ₹2,871.30 — its biggest single-day drop since May 22, 2025
- The stock later recovered slightly, trading 4.1% lower at ₹2,881.50 around 1:10 PM, while the Nifty 50 was up 0.44%
📈 Recent Performance:
- Up 137% since March lows
- YTD gain: 62%
- Hit a lifetime high of ₹3,030 on June 10, 2025
- 52-week low: ₹704.99
🏢 Market Cap:
- Currently stands at ₹1.17 trillion (NSE data)
📊 Context:
While BSE has outperformed the Nifty 50 (which is up 6.5% YTD), the ASM move may signal a cooling-off phase after a steep rally.
