Goldman Sachs has lowered its target price for BSE shares to ₹4,880 from ₹5,650, citing potential impacts from new regulations that could affect proprietary traders, a critical revenue source for the exchange. This revision contributed to a 5.1% decline in BSE shares, which fell to ₹4,395.7, marking a two-day drop of 15%. Meanwhile, Jefferies maintained a 'Buy' rating on Polycab but trimmed its target price to ₹6,485, asserting that the entry of UltraTech into the cables and wires segment will not affect Polycab until 2027. In the automotive sector, Tata Motors reported total sales of 79,344 units in February 2025, with commercial vehicle sales down 7% year-over-year and passenger vehicle sales down 9%. Bajaj Auto's February sales were reported at 3.52 lakh units, reflecting a 1.6% increase year-over-year, although domestic sales fell by 11%. Reliance Industries shares dropped 3% to a 52-week low of ₹1,163.70 amid ongoing selling pressure from foreign institutional investors, exacerbated by broader market weaknesses and economic uncertainties.