BSE shares jumped over 2% to an intra-day high of Rs 3,741 on the National Stock Exchange (NSE) during the early session on September 30. This surge follows the announcement that transaction charges for Sensex Options and Bankex Options contracts in the equity derivatives segment will be revised starting October 1, 2024.
Transaction Fee Details
In a circular released on September 27, the exchange stated that the transaction fee for Sensex Options and Bankex Options for all expiries will be Rs 3,250 per crore of premium turnover value. The circular clarified that there would be no changes in transaction charges for other contracts within the equity derivatives segment.
Specifically, the existing charges will remain at Nil for index futures and stock futures, and Rs 500 per crore of premium turnover value for Sensex 50 Options and Stock Options.
NSE Transaction Charge Updates
In parallel, the National Stock Exchange (NSE) announced new transaction charges for trading members. The fees are set at Rs 2.97 per side for every lakh of traded value in the cash market, Rs 1.73 per lakh for equity futures, and Rs 35.03 per lakh of premium value for equity options.
For the currency segment, charges will be Rs 0.35 per lakh of traded value for currency futures and Rs 31.10 per lakh of premium value for currency options and interest rate options.
Regulatory Changes from SEBI
On July 1, 2024 the Securities and Exchange Board of India (SEBI) directed all market infrastructure institutions (MIIs) to adopt a uniform fee structure for all members, moving away from the current slab-wise structure based on trading volumes.
Additionally, all charges recoverable by trading members from end clients must be “True to Label,” meaning that any fees levied by stock brokers on trading clients should match the fees received by MIIs.
BSE Stock Performance in Last One Year
BSE shares have demonstrated positive returns across multiple time frames. Over the past month, the stock has given a commendable 31.72% return, showcasing its stability and growth potential. The last six months have seen even more impressive results, with a substantial increase of 41.83%, indicating a strong upward trend.
Year-to-date, BSE shares have surged by 64.90%, reinforcing the stock’s positive momentum in the current fiscal year. Looking at the broader picture, the stock has delivered an impressive return of over 182.86% in the last twelve months, emphasizing its sustained growth and attractiveness to investors.
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