BSE shares continued their upward trajectory on October 25, experiencing a remarkable surge of more than 5.5% to achieve a new record high. This surge commenced on October 21 when the stock exchange announced revisions in transaction charges within the equity derivatives segment, scheduled to take effect from November 1. The revised charges predominantly apply to S&P BSE Sensex Options, especially the nearest or immediate expiry contracts.
The new fee structure, as outlined by BSE, is rooted in the incremental billable monthly turnover, specifically focusing on premium value. Premium-based turnover on the nearest expiry contracts will be computed on a daily basis and aggregated at the end of each month.
Transaction charges will be imposed based on the slab on the incremental turnover, cumulatively calculated at the end of the month, in accordance with the revised guidelines provided by BSE.
By 2:17 PM, the shares had surged to Rs 1,797.45, marking a substantial 5.28% increase and reflecting the market’s positive response to the revised fee structure.
