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BSE, NSE rivalry heats up in battle of options
Hindustan Times Thane
|March 06, 2025
The rivalry between India's two stock exchanges is set to intensify, with the National Stock Exchange (NSE) shifting the expiry day for its weekly Nifty options contract to Monday from Thursday, starting April 4.
MUMBAI: The move comes just a day before the weekly expiry of BSE's Sensex options, potentially cutting into BSE's trading volumes, which tend to peak on Mondays and Tuesdays.
A circular from NSE, issued after market hours on Tuesday, triggered a 5% fall in BSE shares to 4,230 at the time of writing, even as benchmark indices Nifty and Sensex gained over 1% intraday.
"The change of expiry day will hot up the competition between the rival bourses," said Rajesh Palviya, senior vice president, derivatives and technical research, at Axis Securities.
यह कहानी Hindustan Times Thane के March 06, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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