EMKAY GLOBAL ON NSE ; BUY | TARGET ₹2,050

• CAS amendments effective December 2026 expected to boost cash market participation and trading volumes. • Easing EPI margins and potential securities lending reforms could support market expansion. • Planned corporate bond index futures launch awaits RBI approval. • Technology costs expected to grow in mid-teens.

EMKAY GLOBAL FIN SERV LTD

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