BSE Gains After SEBI Nod for Sensex Next 30 Derivatives

BSE shares rose around 4% (at the time of posting this post) on March 5 after SEBI approved derivative contracts on the Sensex Next 30 index. The exchange will introduce cash-settled monthly futures and options with expiry on the last Thursday. The index tracks large, liquid companies in the BSE 100 excluding Sensex 30 constituents.