Shares of BSE Ltd. surged sharply on August 6 after SEBI chairman dismissed recent media reports suggesting a possible curb on weekly derivatives expiry as “false and speculative.” The strong denial brought relief to investors and traders, fueling a fresh rally in the stock. As of 12:15 PM, the shares were trading 1.09% higher at Rs 2,392.90.
BSE opened at ₹2,370.40 and quickly gained momentum, climbing to an intraday high of ₹2,419.00, well above its previous close of ₹2,367.20. The day’s low stood at ₹2,282.00, reflecting high volatility amid the news cycle.
Over the past year, BSE has been one of the standout performers on the Street. From a 52-week low of ₹768.69, the stock has soared, hitting a 52-week high of ₹3,030.00 during its strong upward run.
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