BSE, Angel One, CDSL, PB Fintech and Delhivery have rallied up to 19 per cent in the last four trading sessions backed by a notable rise in open interest; here's what the technical charts suggest.
The relaunch of BSE derivatives products has proved to be a trend-changing measure for BSE's revenue and profitability, Motilal Oswal Financial Services said.
It was a mixed debut for the new 45 entrants in the derivatives segment as 50 per cent of the shares traded with losses in intra-day deals on the NSE.
The drop in BSE shares followed a Bloomberg report suggesting that India's leading stock exchanges might face profit pressures due to proposed regulatory changes to the ownership structure of CCs
Leading stock exchange BSE on Tuesday reported a three-time surge in net profit to Rs 346 crore for the September quarter. The exchange had posted a net profit of Rs 118 crore in the year-ago period, BSE said in a statement. The bourse's total revenues increased over two-fold to Rs 819 crore in the July-September period of the current financial year (FY25) from Rs 367 crore in the year-ago period. Additionally, BSE recorded its best half-year revenue and profit of Rs 1,493 crore and Rs 610 crore, respectively, the exchange's MD & CEO Sundararaman Ramamurthy said. The average daily turnover in the equity cash segment for the second quarter of FY25 rose to Rs 9,768 crore from Rs 5,922 crore in the same quarter last year. The average daily premium turnover in the equity derivatives segment for Q2 FY25 was at Rs 8,203 crore as compared to Rs 768 crore in the same quarter last year. BSE StAR MF delivered a 100 per cent year-on-year growth in revenues to Rs 58.7 crore. The total number
Technical charts indicate that the 5 newly added stocks to the MSCI index are favourably placed and could soar up to 19% in forthcoming trading sessions.
This shift is seen as a positive for BSE, as trading volumes are likely to shift to its platform, leading to an increase in transactions and revenue for it.
Shares of BSE (formerly Bombay Stock Exchange), Asia's oldest exchange, rallied 10% on the NSE to hit a new high of Rs 4,235 on Thursday's intra-day trade in an otherwise weak market.
BSE Share price surged up to 6.3 per cent at Rs 3,920 per share on the NSE, while MCX shares surged 3.8 per cent at Rs 5,879.55 per share intraday
The outlook for Indian equities market in FY25 appears promising, supported by various factors such as economic recovery, stable government, increased focus on reforms, and rise foreign investments.
Court termed freezing a classic example of "high-handed and reckless" action
On the daily chart, BSE has confirmed a bullish 'Inverse Head and Shoulders' breakout, supported by a significant increase in volume and favorable indicator placement
Shares of Bombay Stock Exchange (BSE) rose 10.77 per cent, at Rs 2,940 per share on the NSE in Thursday's intraday deals
Leading stock exchange BSE on Wednesday reported an over threefold surge in net profit to Rs 265 crore for the quarter ended June 2024. The exchange had posted a net profit of Rs 75 crore in the same quarter of the preceding fiscal, BSE said in a statement. The exchange has recorded its highest-ever quarterly financial performance with a revenue of Rs 674 crore in the April-June quarter in the current financial year FY25 as compared to Rs 271 crore in the year-ago period. "We have finished the first quarter strongly, with every business line contributing to revenue and profitability. This reflects the strength of our proposition, the improvements we have made to our products and the depth of our relationships with customers," BSE MD and CEO Sundararaman Ramamurthy said. The average daily turnover in the equity cash segment for the first quarter of FY25 stood at Rs 9,006 crore as compared to Rs 4,025 crore in the corresponding quarter of the previous year. BSE forayed into the sing
Why is BSE stock up today: BSE share price advanced 8.1 per cent to Rs 2,607.7 per share on the NSE on Wednesday. The rally comes amid market regulator Sebi's new proposals regarding F&O trading
The market regulator Sebi has proposed measures to curb excessive speculation in F&O; a move that could impact trading volumes, believe analysts; Here are key levels to watch on broking related stocks
Not more than 50 strikes would be introduced for an index derivatives contract at the time of contract launch.
Spillover of trading activity from these contracts into remaining products, analysts believe, can limit the impact to 20-25%