BSE‘s share price surged up over 13% on Monday morning to hit a new 52-week high of ₹1,798.

What Happened: The massive surge today comes as the company on Saturday announced that it plans to increase transaction charges on the equity derivatives segment starting from November 1.

BSE has announced the revisions to transaction charges are for the S&P BSE SENSEX Options, specifically the nearest or immediate expiry contracts. The new transaction charge structure is based on the Incremental Billable Monthly Turnover (Premium Value). Here’s a breakdown of the transaction charges for S&P BSE SENSEX Options:

1. Turnovers up to ₹3 crore: ₹500 per crore.
2. Turnovers exceeding ₹3 crore and up to ₹100 crore: ₹3,750 per crore.
3. Turnovers of more than ₹100 crore and up to ₹750 crore: ₹3,500 per crore.
4. Turnovers between more than ₹750 crore and ₹1,500 crore: ₹3,000 per crore.
5. Turnovers exceeding ₹1,500 crore and up to ₹2,000 crore: ₹2,500 per crore.
6. Turnovers above ₹2,000 crore: ₹2,000 per crore.

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The determination of the nearest or immediate expiry contracts of S&P BSE SENSEX Options will be based on the trade date. The premium-based turnover for these contracts will be calculated daily and aggregated at the end of the month.

Transaction charges will be applied according to the specified slab on an incremental turnover basis, as outlined above, for the cumulative turnover at the end of the month. Market participants should expect to receive a new turnover and transaction charges file in line with the updated structure.

These transaction charge revisions are specific to S&P BSE SENSEX Options and do not impact transaction charges for other equity derivatives contracts on the exchange.

The company last week also disclosed its shareholding data as of September 30. As per the data, ace investor Mukul Agrawal picked up a 1.48% stake in the company during the quarter.

Price Action: BSE’s share price was up 7.06% to trade at ₹1,699.90 in early trade on Monday.

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