BSE

shares rally 3% on proposal to introduce new monthly index options, revamp Bankex

Synopsis: Shares of

moved higher on Monday following an ET report indicating that the exchange is planning to roll out additional monthly index option products and restructure the Bankex index. The initiative is aimed at expanding BSE’s footprint in the derivatives segment beyond weekly expiries, with the management counting on lower-cost monthly options and enhanced liquidity to attract greater trader participation. stock surged more than 3% to an intraday peak of ₹2,769.90 after ET Markets reported that the exchange is looking to introduce new monthly index option offerings and revamp its Bankex index. Investment in securities market are subject to market risks. Read all the related documents carefully before investing