BSE shares extend rally, surge 18% in 2 days; nearly double within 3 months

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BSE shares extend rally, surge 18% in 2 days; nearly double within 3 months - Business Standard

Quick Summary:

The relaunch of BSE derivatives products has proved to be a trend-changing measure for BSE's revenue and profitability, Motilal Oswal Financial Services said.

In the past two days, the stock price of exchange and data platform company has rallied 18 per cent.

Management believes this is a result of market expansion rather than substitution, as volumes have grown for the entire industry.