- By Aditya Pratap Singh
- Fri, 28 Mar 2025 11:38 AM (IST)
- Source:JND
BSE Share Price: BSE shares surged over 15% on Friday after stock market regulator Securities and Exchange Board of India proposed to limit the expiry schedule of derivatives, prompting its rival National Stock Exchange (NSE) to postpone plans to change the weekly expiry date.
At around 11:27 am, the stock was trading at Rs 5,388.70, surging 15.04% against the previous day's closing price on NSE. BSE's shares opened at Rs 5,000, up against last session's closing price of Rs 4,684.35, and soared over 15% to touch an intraday high of Rs 5,519.00 (Till 11:31 am).
The euphoria around bonus share allotment has also pushed the rally in BSE's stock as the company's board members are scheduled to meet on March 30. The shares of Bombay Stock Exchange extended the previous day's rally, it jumped 5 per cent on Thursday, taking the two-day rally to over 20%.
Also Read: BSE Shares Zoom Over 15% After NSE Defers Plan To Change Weekly Expiry Day
In a consultation paper released on March 27, SEBI suggests limiting the expiration dates of equity derivative contracts on any exchange to Tuesday or Thursday. This seeks to lower concentration risk, encourage product innovation, and promote the optimal spacing of expiration days.
The equity derivative contracts of the BSE currently expire on Tuesday, but the NSE had intended to move their expiration date from April 2025 to Monday, but they have now indefinitely postponed that plan.
Board Meeting On March 30
On March 30, the board of the BSE will meet to discuss the issuance of bonus shares, which are extra fully paid-up shares given to current shareholders at no additional expense. Bonus shares are usually issued by businesses to increase stock liquidity and lower the share price, making it more affordable for individual investors. The BSE declared that, by regulatory standards, its trading window will be closed for securities transactions on March 26, 2025, and April 1, 2025.
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