BSE shares surged 18% to ₹5,519 after the Securities and Exchange Board of India (SEBI) proposed standardizing the expiry of all equity derivatives contracts across exchanges to Tuesdays or Thursdays. This move aims to streamline trading and avoid first or last-day expiries. Meanwhile, the National Stock Exchange (NSE) deferred its plan to shift index and stock derivatives expiry to Mondays, boosting BSE’s stock as traders anticipated lower competition.
BSE: Jumps 18% on SEBI’s Derivative Expiry Proposal
