BSE shares hit lifetime high of Rs 4155, stock up 45% this month

Shares of BSE Ltd., India’s oldest stock exchange, reached an all-time high of ₹4,155 on Monday, marking a 45% increase for the month of September.

This surge comes amid growing speculation regarding the potential IPO filing of its competitor, the National Stock Exchange of India (NSE), following a favorable legal outcome for NSE. Investors are optimistic that BSE Ltd. could benefit from a trading boom sparked by this development.

The stock rose as much as 4% in Monday morning’s trading in Mumbai, continuing its upward momentum with a weekly gain of approximately 34%. Market participants believe the upcoming IPO of NSE could significantly impact the broader stock exchange sector, providing a boost to BSE’s trading volumes and revenue.

BSE Share Price Performance

The impressive rally in BSE’s stock price has been driven by strong investor sentiment. Here’s a closer look at its recent performance:

• +₹152.65 (3.83%) Today
• +₹1,049.50 (33.99%) This Week

Over the past week, the stock has made significant gains, with its price jumping from ₹3,348.00 to ₹4,155, reflecting a 16.87% rise on Wednesday alone. This upward trend positions BSE Ltd. for its best-ever weekly performance as investors pile into the stock on expectations of a market expansion.

As of 9:24 AM on Monday, BSE shares were trading 5% higher at ₹4,155 on NSE, continuing their strong upward trajectory.