BSE shares rise as SEBI approves derivatives for Sensex Next 30 Index
The intraday high went to 2,735.50
BSE shares rise as SEBI approves derivatives for Sensex Next 30 Index
The intraday high went to 2,735.50
After approval from the Securities and Exchange Board of India (SEBI) to launch derivative contracts for the BSE Sensex Next 30 Index, the Bombay Stock Exchange (BSE) shares snapped a three-day losing streak and climbed four percent in trade.
The shares opened sharply higher at Rs.2,710, up Rs.83.10 or 3.1 percent versus the previous close of Rs.2,626.90. The intraday high went to 2,735.50, up around 4 percent. While early in the day, BSE shares traded firmly in the green to 3.7 percent northward at Rs.2,724 with more than 4.1 million equities changing hands.
BSE shares closed marginally lower at Rs.2,626.90 in the previous trade. Over the past year, its shares have surged more than 81 percent, delivering a whopping return of over 250 percent in two years and 1,600 percent in three years.
The BSE Sensex Next 30 Index tracks the next largest and most liquid companies in the BSE 100 in the derivative segment and are not constituents of the BSE Sensex 30 index.
BSE is India's oldest stock exchange and is listed on the National Stock Exchange (NSE).
The BSE stated offering cash-settled monthly index futures and options (F&O). While the expiry date for the contracts will be the last Thursday of the expiry period, the launch date of F&O contracts was not mentioned.
Currently, BSE offers weekly and monthly derivative contracts for the benchmark Sensex. Besides, it offers derivative contracts for Sensex 50 and BANKEX with monthly expiries.
In 2025, the exchange moved the expiry date for all derivative contracts from Tuesday to Thursday.
In the third quarter of Financial Year 2026, BSE's consolidated profit jumped nearly threefold to Rs 602 crore as equity derivatives activity hit an all-time high. A total of 7,720 million contracts traded during the quarter, generating Rs.784 crore.