BSE Share Price Falls Nearly 6% As SEBI Likely To Grant Tuesday's Trading Expiry To NSE

BSE share price fell as much as 5.61% to Rs 6,895 apiece, the lowest level since May 12.

(BSE. Photo: Vijay Sartape/NDTV Profit)

BSE Ltd.'s share price fell on Thursday after sources told NDTV Profit that SEBI may consider granting the National Stock Exchange of India Tuesday as its expiry date.

SEBI is likely to finalise a proposal to fix all equity futures and options expiries on Tuesdays and Thursdays, people in the know told NDTV Profit. NSE has applied for Tuesday as their weekly expiry, and the regulator may consider the request, they added.

This is a disadvantage for BSE, as its expiry day is currently set at Tuesday.

NSE has shifted the monthly and quarterly expiry days of futures and options contracts of Nifty, Bank Nifty, FinNifty, Nifty Midcap Select, and Nifty Next50 to the "last Monday of the expiry month."

The changes came into effect from April 4, 2025.

NSE also shifted the expiry days of Nifty weekly contracts to Monday from Thursday. In addition, the exchange has also moved the expiry days of Nifty half-yearly contracts to Monday from Thursday.

BSE Shares Decline

The shares of BSE fell as much as 5.61% to Rs 6,895 apiece, the lowest level since May 12. It pared losses to trade 4.07% lower at Rs 7,008 apiece, as of 10:59 a.m. This compares to a 0.82% decline in the NSE Nifty 50 Index.

It has risen 161.50% in the last 12 months and 30.41% year-to-date. Total traded volume so far in the day stood at 1.1 times its 30-day average. The relative strength index was at 63.23.

Out of 14 analysts tracking the company, 12 maintain a 'buy' rating and two recommend a 'hold,' according to Bloomberg data. The average 12-month consensus price target implies a downside of 0.2%.

Also Read: Stock Market Today: Sensex Slumps Nearly 600 Points, Nifty Retreats To 24,600 Levels As RIL, ITC Drag

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WRITTEN BY
Pratiksha Thayil
Pratiksha covers markets and business news at NDTV Profit. She has a keen i... more
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