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  1. BSE, CDSL, MCX shares jump over 18%; here is why

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BSE, CDSL, MCX shares jump over 18%; here is why

Ahana Chatterjee - image.jpg

2 min read | Updated on March 28, 2025, 12:27 IST

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SUMMARY

During the intraday period, shares of the BSE jumped over 15% to ₹5,392.55 apiece. This optimism also made shares of CDSL and MCX surge over 5% and 4%, respectively. In the early trades, BSE shares hiked as much as 18%.

BSE Limited is a promoter of Central Depository Services and holds a 15% stake in the firm. Image: Shutterstock

BSE Limited is a promoter of Central Depository Services and holds a 15% stake in the firm. Image: Shutterstock

Shares of the BSE, Central Depository Services (CDSL) and Multi Commodity Exchange of India (MCX) were in high demand on Friday, March 28, after the markets regulator Securities and Exchange Board of India (Sebi) proposed expiries of all equity derivatives contracts across exchanges to be uniformly limited to either Tuesdays or Thursdays.

Following this, the National Stock Exchange (NSE) deferred its plan to change the expiry day of all index and stock derivatives to Monday from Thursday until further notice following the Sebi's consultation paper.

During the intraday period, shares of the BSE jumped over 15% to ₹5,392.55 apiece. This optimism also made shares of CDSL and MCX surge over 5% and 4%, respectively. In the early trades, BSE shares hiked as much as 18%.

During the intraday period, shares of BSE jumped over 15% to ₹5,392.55 apiece. This optimism also made shares of CDSL and MCX surge over 5% and 4%, respectively.

BSE Limited is a promoter of Central Depository Services and holds a 15% stake in the firm.

As a spillover effect, commodity platform MCX shares also advanced nearly 4%.

Earlier this month, the NSE had announced that Nifty weekly contracts, currently expiring on Thursdays, would be shifted to Mondays. However, considering Sebi's consultation paper, the exchange decided to delay the implementation of this change until further notice.

"Members are required to note that the implementation of this circular is deferred until further notice in view of the Sebi consultation paper dated March 27, 2025, on final settlement day (expiry day) for equity derivatives," NSE said in a circular issued late night on Thursday.

According to a report by NDTV Profit, Sebi’s market regulation department flagged various issues, including concerns over the exchange’s internal processes, governance, and reducing stakes in its clearing corporation. The remuneration of key managerial personnel was also questioned, it added.

Meanwhile, shares of BSE also were also witnessing a surge as its board of directors is scheduled to hold a meeting on Sunday, March 30, 2025, to consider and approve the proposal for the issue of bonus shares, subject to requisite approvals.

Upstox

About The Author

Ahana Chatterjee - image.jpg
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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