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© Reuters.
Shares of the Bombay Inventory Trade (BSE) surged by 13% to a yearly excessive of Rs 1,789.90 on the Nationwide Inventory Trade (NSE) right now, following the announcement of a rise in transaction charges for fairness derivatives similar to Sensex choices and Bankex contracts. The brand new costs, set to take impact from November 1, will begin at Rs 500 for turnovers as much as Rs 3 crore and can rise incrementally for larger turnovers.
This improvement comes after BSE’s profitable re-entry into the derivatives phase, which has led to a big growth in its consumer base. Since June 2023, BSE has seen its consumer base develop to 400,000 and now accounts for about 40% of NSE’s Nifty derivatives quantity.
HDFC Securities famous BSE’s spectacular market share development, reaching a notional/premium market share of about 9/3 %. This info was additionally made out there on the ETMarkets WhatsApp channel.
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