BSE, CDSL, MCX: Exchange-related shares poised for 14% upside, charts show

BSE stock is decisively claiming new all-time high; CDSL broke out of Double-Bottom formation, while IEX has witnessed an Inverse head and shoulder breakout.

Indian benchmark indices opened on a negative note on Friday, but soon recovered losses as investors cheered the BJP victory in 4 out of 5 states in the recently concluded assembly elections.

The BSE Sensex was quoted at 55,650, gaining 186 points or 0.35 per cent, while Nifty 50 was up 40 points or 0.25 per cent at 16,635, as of 10.20 am. Both indices opened nearly 0.50 per cent lower in the morning.

Shares of BSE Ltd, listed on the NSE, have been in limelight of late India's oldest stock exchange has proposed a 2:1 bonus issue.