BSE shares slipped 4% today; here is why

The BSE shares closed 43.9% lower at ₹7,015 apiece on the NSE. The stock slipped as much as 5.6% to ₹6,895.

The report said that the NSE has applied for Tuesdays as expiry day, creating competition for peer BSE Ltd. Currently, the BSE contracts expire on Tuesday, while the NSE contracts expiry takes place on Thursday. The move by NSE to move the expiry day to Tuesdays is expected to erode BSE’s market share in the derivatives market.

SEBI’s secondary market committee recently met to discuss the rules on expiry changes. Earlier in March, the regulator had issued a consultation paper suggesting Tuesdays and Thursdays should be expiry days for the exchanges.

BSE Ltd witnessed exponential growth in revenue and profit after introducing derivative contracts on the exchanges. For FY25, BSE traded 30.5 billion contracts in the equity derivatives segment, generating a total revenue of ₹1,415 crore.

For the March 2025 quarter, BSE reported a multi-fold jump in net profit to ₹494 crore. The exchange had posted a net profit of ₹107 crore in the year-ago period, BSE said in a regulatory filing to the National Stock Exchange (NSE).

Its total income rose to ₹926.4 crore in the January-March period from ₹543.3 crore a year earlier.

The exchange declared a special dividend of ₹5 and a normal dividend of ₹18, resulting in a final dividend of ₹23 per equity share for FY25.

For the full fiscal year 2024-25, the bourse's net profit grew over threefold to ₹1,322 crore from ₹404 crore logged in FY24. Its total income doubled to ₹3,236 crore for FY25 from ₹1,596 crore registered in the preceding fiscal year.

Meanwhile, the SEBI Chairman Tuhin Kanta Pandey on Thursday said all outstanding issues around the NSE IPO will be resolved soon, paving the way for the much-awaited public issue.

The BSE share price is also in focus as the record date for the bonus issue nears. The record date for the corporate action is tomorrow, i.e., May 23, 2025. The bonus issue is in the ratio of 2:1.