BSE’s shares plunge over 3 per cent

Shares of BSE Ltd plunged greater than 3 per cent on Wednesday, 5 March, after its rival NSE stated that every one Nifty index weekly derivatives’ contracts will expire on Monday as a substitute of Thursday with impact from 4 April.

The scrip of BSE declined 3.67 per cent to shut at Rs 4,290 apiece on the Nationwide Inventory Trade (NSE).

In the course of the day, shares of Mumbai-based inventory alternate BSE tumbled almost 9.4 per cent to hit a low of Rs 4,035.10 apiece on the bourse.

In quantity phrases, 1.09 crore fairness shares of BSE Ltd have been traded on the NSE in the course of the day.

Snapping a report 10-day falling streak, the broader Nifty of NSE rebounded by 254.65 factors or 1.15 per cent to settle at 22,337.30.

On Tuesday, NSE stated all Nifty index weekly derivatives contracts will expire on Monday as a substitute of Thursday with impact from April 4.