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News18
18-06-2025
- Business
- News18
BSE Shares Tank 6% After SEBI Approves Tuesday Expiry For NSE Derivatives
Last Updated: Shares of BSE tumbled on Wednesday, June 18, after SEBI approved a key change in the derivatives trading schedule BSE Share Price: Shares of BSE tumbled 6.2% to an intraday low of Rs 2,500 on the NSE on Wednesday, June 18, after SEBI approved a key change in the derivatives trading schedule. The market regulator has allowed the National Stock Exchange (NSE) to shift its weekly equity derivatives expiry day from Thursday to Tuesday, effective from September 1, 2025. To prevent a clash in expiry dates between exchanges, SEBI has simultaneously mandated that the BSE shift its Sensex derivatives expiry from Tuesday to Thursday. The decision was communicated via a circular from SEBI, which aims to reduce market volatility and standardize the scheduling of derivative contract expiries. The changes follow recommendations from SEBI's Secondary Market Advisory Committee (SMAC), which had reviewed public feedback from a discussion paper issued in March 2025. As per the SEBI directive, BSE will stop launching new weekly index futures contracts from July 1, 2025. Existing contracts will retain their current schedule until expiry, except for long-dated index options which will be adjusted in line with prior realignment practices. Contracts expiring on or before August 31, 2025, will remain unaffected, while new ones issued thereafter will follow the new expiry structure. Additionally, for non-benchmark index options, index futures, and single-stock derivatives, the minimum contract tenor will now be one month. These will expire on either the last Tuesday or Thursday of the month, based on the chosen schedule of the respective exchange. Previously, NSE had considered moving its key contracts — including Nifty, Bank Nifty, FinNifty, Nifty Next50, and Nifty Midcap Select — to Monday expiries. However, that plan was shelved after SEBI's intervention. The realignment raises concerns about how BSE's derivatives trading volumes and competitive position might be affected, especially given NSE's dominant market share. On Tuesday, BSE shares had closed 1.4% lower at Rs 2,660 on the NSE. First Published: June 18, 2025, 10:51 IST
Economic Times
18-06-2025
- Business
- Economic Times
BSE shares in focus as Sebi approves Tuesday expiry for NSE derivatives
Shares of BSE are likely to remain in focus on Wednesday, June 18, after the Securities and Exchange Board of India (Sebi) approved the National Stock Exchange's (NSE) proposal to shift its weekly equity derivatives expiry from Thursday to Tuesday, effective September 1, 2025. ADVERTISEMENT To avoid a clash of expiry dates across exchanges, the market regulator has simultaneously directed that the BSE Sensex derivatives expiry be moved from Tuesday to Thursday. The development was announced via a Sebi circular aimed at reducing market volatility and bringing uniformity in expiry day scheduling across stock exchanges. The decision follows consultations and recommendations from the Secondary Market Advisory Committee (SMAC), which reviewed feedback from a March 2025 discussion paper on the issue. As per the Sebi circular, BSE will not introduce any new weekly index futures contracts from July 1, 2025. The current expiry schedule will remain unchanged for existing contracts, except for long-dated index options, which will be realigned in line with past set to expire on or before August 31, 2025, will retain their current expiry dates, while new contracts will follow the revised non-benchmark index options, index futures, and single-stock derivatives, the minimum contract tenor will now be one month. These contracts must expire on the last Tuesday or last Thursday of the month, depending on the schedule chosen by the respective exchange. ADVERTISEMENT Earlier, NSE had considered shifting the expiry of key contracts—including Nifty, Bank Nifty, FinNifty, Nifty Next50, and Nifty Midcap Select—to Mondays via a circular dated March 4, 2025. However, that plan was later the new guidelines, each exchange is allowed to offer one weekly benchmark index options contract on its preferred day. This move consolidates expiry days and aims to bring clarity and consistency to the derivatives market, which had previously seen expiries scattered across the trading week. ADVERTISEMENT With BSE now required to shift its weekly expiry to Thursday to accommodate NSE's Tuesday expiry, investor attention may turn to how this realignment will impact BSE's derivatives trading volumes and its positioning in the competitive exchange landscape. On Tuesday, BSE shares closed 1.4% lower at Rs 2,660 on NSE. ADVERTISEMENT Also read: Pick up defence stocks for long term; 2 shipping stocks to buy: Neeraj Dewan (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
18-06-2025
- Business
- Time of India
BSE shares in focus as Sebi approves Tuesday expiry for NSE derivatives
Shares of BSE are likely to remain in focus on Wednesday, June 18, after the Securities and Exchange Board of India (Sebi) approved the National Stock Exchange's (NSE) proposal to shift its weekly equity derivatives expiry from Thursday to Tuesday, effective September 1, 2025. To avoid a clash of expiry dates across exchanges, the market regulator has simultaneously directed that the BSE Sensex derivatives expiry be moved from Tuesday to Thursday. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks The development was announced via a Sebi circular aimed at reducing market volatility and bringing uniformity in expiry day scheduling across stock exchanges. The decision follows consultations and recommendations from the Secondary Market Advisory Committee (SMAC), which reviewed feedback from a March 2025 discussion paper on the issue. As per the Sebi circular, BSE will not introduce any new weekly index futures contracts from July 1, 2025. The current expiry schedule will remain unchanged for existing contracts, except for long-dated index options, which will be realigned in line with past practices. Contracts set to expire on or before August 31, 2025, will retain their current expiry dates, while new contracts will follow the revised structure. Live Events For non-benchmark index options, index futures, and single-stock derivatives, the minimum contract tenor will now be one month. These contracts must expire on the last Tuesday or last Thursday of the month, depending on the schedule chosen by the respective exchange. Earlier, NSE had considered shifting the expiry of key contracts—including Nifty, Bank Nifty, FinNifty, Nifty Next50, and Nifty Midcap Select—to Mondays via a circular dated March 4, 2025. However, that plan was later deferred. Under the new guidelines, each exchange is allowed to offer one weekly benchmark index options contract on its preferred day. This move consolidates expiry days and aims to bring clarity and consistency to the derivatives market, which had previously seen expiries scattered across the trading week. With BSE now required to shift its weekly expiry to Thursday to accommodate NSE's Tuesday expiry, investor attention may turn to how this realignment will impact BSE's derivatives trading volumes and its positioning in the competitive exchange landscape. On Tuesday, BSE shares closed 1.4% lower at Rs 2,660 on NSE. Also read: Pick up defence stocks for long term; 2 shipping stocks to buy: Neeraj Dewan ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
17-06-2025
- Business
- Economic Times
Sebi approves NSE's expiry day change to Tuesday, BSE to Thursday
Sebi has approved NSE's proposal to shift its weekly expiry day for equity derivatives from Thursday to Tuesday. To avoid simultaneous expiries, BSE Sensex expiry will move to Thursday, effective September 1, 2025. This decision, prompted by a Sebi circular, aims to reduce market volatility and standardize expiry days across exchanges, following consultations and recommendations from the SMAC. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The Securities and Exchange Board of India Sebi ) on Tuesday approved the National Stock Exchange 's (NSE) proposal to change its weekly expiry day from Thursday to Tuesday. Meanwhile, the regulator moved the expiry day for the BSE Sensex to Thursday from the current Tuesday, to comply with the mandate that both exchanges cannot have expiries on the same dayBSE's change in expiry day will come into effect as of September 1, 2025. The exchange will not introduce any fresh weekly contracts on index futures from July 1, will keep the expiry day of derivatives contracts unchanged for already introduced contracts, except for long-dated index options contracts, for which the stock exchanges to suitably realign the expiry day as per the practice followed in the new contracts, it will continue with the present expiry day for derivative contracts which expire on or before August 31, decision follows a circular issued by the capital markets regulator in the last week of May, which instructed exchanges to select either Tuesday or Thursday as the expiry day for equity directive is aimed at reducing expiry-day volatility and bringing uniformity across the May circular, the exchanges had the freedom to set expiry days for their derivatives products, which had led to a spread of expiry days throughout the consultations and feedback from a March 2025 discussion paper, Sebi's Secondary Market Advisory Committee (SMAC) deliberated on the matter and recommended limiting expiry options to reduce market that circular, Sebi said that each exchange can continue to offer one weekly benchmark index options contract on their chosen day. For all other derivatives, such as benchmark index futures, non-benchmark index options, and single stock contracts, the minimum contract tenor will now be one month, and they must expire on the last Tuesday or last Thursday of the month, depending on the exchange's through its March 4, 2025, circular, had planned to move F&O expiry days for Nifty, Bank Nifty, FinNifty, Nifty Next50 and Nifty Midcap Select to Monday from the current Thursday expiry day. Following the circular, NSE deferred the implementation of futures & options (F&O) expiry for Monday that was due to take effect from Tuesday, April 4.
Economic Times
30-05-2025
- Business
- Economic Times
BSE shares zoom 11% in two days amid heavy volumes; hit fresh high at Rs 2,670
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Amid high trading volumes, the BSE stock rallied 11% in 2 trading sessions, hitting its new all-time high of Rs 2,670 on the NSE today. On Friday alone, the stock witnessed a rally of 8.3%.Around 1 pm today, 119.72 lakh shares of the company were traded on the NSE, with a total traded value of Rs 3,120.80 crore. BSE's total market capitalisation at the time stood at Rs 1.07 lakh surge in the stock also follows a recent circular released by the markets regulator, Securities and Exchange Board of India (Sebi), which asked the exchanges to choose expiry days for equity derivatives - either Tuesday or reviewing inputs from a discussion paper released in March 2025, Sebi's Secondary Market Advisory Committee (SMAC) held deliberations and proposed restricting expiry days to help curb excessive market exchanges will now need to standardise the final settlement day for equity derivatives contracts—including index options, index futures, and single stock futures and options—by choosing either Tuesday or Thursday as the designated expiry precedes NSE's decision to shift the F&O expiry day for Nifty, Bank Nifty, FinNifty, Nifty Next50, and Nifty Midcap Select from the current Thursday to NSE's derivatives contract expiry, which would have been scheduled ahead of BSE's Tuesday expiry for Sensex and Bankex, was expected to weigh on BSE's market share, which could have declined as competition intensifies, according to a previous report by Nuvama Institutional Equities This is due to the fact that retail traders tend to be more active closer to expiry when option values compress.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
