BSE share skyrockets over 17% today; check the 2 key reasons behind the surge

The shares of the Indian Stock Exchange gained up to 18 percent from an intraday high of Rs 5,519 after the Securities and Exchange Board of India proposed exchanges to pick one out of two days for F&O expiry. 

Price movement 

With a market capitalization of Rs 73,985.21 crore, the shares of BSE Ltd were trading at Rs 5,465.15 per share, increasing around 17 percent as compared to the previous closing price of Rs 4,474 apiece. 

Reason for Rise 

The shares of BSE have seen bullish movement after SEBI proposed shifting all equity derivative contract expiries to Tuesday or Thursday. In response, NSE deferred its earlier plan to change expiry from Thursday to Monday. The move impacts market dynamics, influencing trading strategies and competition between the exchanges.  Additionally, on 26 March, BSE’s Board of Directors is scheduled to be held on Sunday, March 30, 2025, to inter alia, consider and approve the proposal for the issue of bonus shares. 

Financial condition 

Looking forward to the company’s financial performance, revenue climbed by 95 percent from Rs 426 crore in Q3FY24 to Rs 832 crore in Q3FY25, during the same time, net profit magnified by 106 percent from Rs 106 crore to Rs 219 crore. 

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Market Dynamics 

Increased market volatility persists amid global fragility and geopolitical tensions. The Indian Finance Minister’s budget offers substantial tax relief for the middle class, potentially driving consumption and savings. BSE plans to leverage rising disposable income to boost market participation, fostering a cautiously optimistic outlook. 

Business Update 

BSE saw 30 new listings in Q3, raising a record Rs 95,512 crore, up 261 percent YoY, with 108 active IPO applications. Average daily turnover in the cash market rose to Rs 6,800 crore, while the derivatives segment hit a record daily premium turnover of Rs 8,758 crore. 

Strategic Focus 

BSE is focused on enhancing customer experience and operational efficiency through continuous trading system upgrades to handle higher volumes. It is also actively onboarding more Foreign Portfolio Investors (FPIs) and improving premium quality to strengthen its market position and attract greater investor participation.

Future Outlook 

The management recognizes challenges in the Bankex segment, with trading volumes down 95 percent, but is confident in rebuilding liquidity through strategic initiatives. Optimistic about 2025, they remain focused on executing their vision to lead India’s capital markets. 

Company Profile 

The Bombay Stock Exchange (BSE Ltd) is an Indian stock exchange headquartered in Dalal Street in Mumbai. The Company allows the trading of stock, currencies, debt instruments, derivatives, and mutual funds. 

Written by Abhishek SIngh

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