The share price of BSE Ltd, India’s oldest stock exchange, reached a new lifetime high of ₹6,549.50 on April 24, 2025, up 0.85% intraday on the National Stock Exchange (NSE). This marks a substantial increase from its earlier high of ₹6,049.80 set on January 24, 2025. Notably, the stock has zoomed 71% from its recent low of ₹3,682, recorded on March 11, 2025.
As of 11:49 AM on April 24, 2025, BSE shares continued to trade strongly, quoting 0.72% higher for the day.
Between lows of March 11 and highs of April 24, BSE shares surged nearly 78% in just 27 trading sessions. A confluence of regulatory developments and corporate actions catalysed this sharp rise. Market confidence was bolstered after BSE announced a bonus issue, and further strengthened when rival NSE deferred a planned change in its derivatives expiry calendar.
On March 30, BSE’s board approved a bonus issue in the ratio of 2:1 — that is, two additional equity shares for every one fully paid-up equity share held as of the record date. This corporate action led to heightened investor interest, with the stock gaining over 40% from its March 27 level following the announcement.
Read More: BSE Board to Meet on May 6 to Consider FY25 Results, Dividend; Bonus Issue Record Date Awaited
A significant catalyst for the rally was regulatory clarity from the Securities and Exchange Board of India (SEBI). On March 28, SEBI released a consultation paper proposing that all equity derivative contract expiries be restricted to either Tuesday or Thursday. NSE, which had earlier announced plans to shift its contract expiry to Monday, decided to defer this change following the release of the paper.
This decision worked in BSE’s favour. Its derivative contracts currently expire on Tuesday, and the prospect of NSE adopting the same day has raised concerns about a potential hit to BSE’s trading volumes. With the deferral, that threat was temporarily alleviated, restoring investor sentiment.
BSE’s business performance is tightly linked to trading volumes on its platform. Higher trading volumes translate to increased revenues from transaction fees, listings, and associated services. The number of active traders, new listings, and capital raised through IPOs and follow-on offerings also play a crucial role in the exchange’s financial outcomes.
Hence, any regulatory or structural change that influences market participation or trading activity can have a direct bearing on the exchange’s share price performance.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Apr 24, 2025, 2:10 PM IST
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