- By Aditya Pratap Singh
- Wed, 18 Sep 2024 11:59 AM (IST)
- Source:JND
BSE Share Price: Bombay Stock Exchange Ltd share price surged up to 13% on Wednesday to hit a new all-time high at Rs 3,794. The stock opened at Rs 3,348.0, and jumped to the level of 3,794, the new high, during early trade, However, the stock price fell a bit after selling pressure. Over the past four trading sessions, shares are up 32% after rising 18% on Monday. The stock saw some selling pressure on Tuesday, when it fell 3%, followed by another rally today. At around 11:53 am, the stock was trading at the level of Rs 3,690, up 10.5%.
As the highly anticipated NSE IPO nears, shares in the BSE are also in focus.
Last week, market regulator Sebi dismissed regulatory violation charges against the National Stock Exchange (NSE) and seven of its former employees, including Chitra Ramakrishna and Ravi Narayan, in a case relating to the 2019 co-location facility. The NSE also plans to seek a no-objection certificate from the market regulator to proceed with its proposed IPO.
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At its September 17 board meeting, the NSE board also set a record for the bonus issue of shares on November 2, 2024. NSE plans to issue four bonus shares for every share held by shareholders as of the record date.
A potential listing of the NSE would be beneficial to the BSE as the exchange would have to list on the BSE. BSE shares are also listed on the NSE. The BSE hit a low of Rs 2,115 on July 23 this year. Since then, the stock is up 80% from that level.
BSE Stock Performance
In 5 Days- The BSE stock price surged over 28%
In the last 30 days - the BSE Share price has 38%
In last 6 months - The stock price of BSE soared over 82%
In a Year - The stock has given a multi-bagger return of over 196%
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Disclaimer: This is only a news about recent performance of the stock. Jagran does not advise investing. Please take inputs from experts before investing.