India derivatives boom helps BSE stock trounce global peers

Posted on:
Key Points

BSE Ltd. has emerged as the worlds best-performing exchange operator this year, and analysts are predicting more gains on expectations of its expanding derivatives business...

Shares of the Indian bourse have rallied 270% this year, trouncing global platforms such as cryptocurrency major Coinbase Global Inc. and Cboe Global Markets Inc., as well as the countrys Multi Commodity Exchange of India Ltd..

The rally was partly driven by BSE relaunching derivative contracts on the benchmark Sensex and the banking sector gauge in May this year, attracting investors with reduced lot sizes and a new expiry cycle...

Rising derivatives business may help Asias oldest exchange to increase its profit by 40% annually for the next three years, delivering more stock gains, according to Mumbai-based brokerage Sharekhan Ltd...

BSE trails its unlisted rival National Stock Exchange of India Ltd., which is the worlds biggest derivatives exchange with average daily volume at a little below $4 trillion...

You might be interested in

POLL Global stock indexes forecast to rise modestly in 2024

22, Nov, 23

Most key global stock indexes are forecast to rise modestly over the coming year, closing 2024 below record highs, while a slim majority of stock market experts polled by Reuters expected their markets to touch new peaks within the next six months.

SIPs and SWPs combo to lead to the next big phase of investment: Prateek Pant, WhiteOak Capital AMC

08, May, 23

India is attracting a lot of foreign institutional investors (FIIs) due to its unique position of being an outlier in uncertain global macroeconomics, according to Prateek Pant, Chief Business Officer at WhiteOak Capital AMC. Pant also said that India is well-positioned in terms of consumerism, capital growth and the health of the financial sector, making it attractive for investors seeing the potential of a 3-5 year investment.

BSE Sensex crosses 72,000! Stock market rally leaves investors richer by whopping Rs 11.11 lakh crore in 4 days

27, Dec, 23

India Business News: Investors gained substantial wealth as the Sensex crossed the historic 72,000 mark for the first time. The Sensex rose by 0.98% to reach a record clos

Stay invested through market highs & lows

28, Dec, 23

India Business News: The Sensex has surpassed analysts' predictions and investors are now looking to central bankers for guidance. The global interest rate hike cycle is e

Global trends, FPI trading activity to drive mkts in shortened wk: Analysts

05, Mar, 23

Equity markets would be mainly driven by global trends and foreign fund trading activity in the holidayshortened week analysts said

BSE stock best performer among global bourses

04, Mar, 24

BSE shares, which are listed on the National Stock Exchange, closed at ₹2352.45 on Saturday. The stock hit an all-time high of ₹2,598.95 on February 5. BSE shares' 430% gains in the past year far exceeds the 35% upmove in US-based Intercontinental Exchange (ICE), the second-best performer in the pack

Happy Next Year: US soft landing, good news for global investors, will boost Indian markets

05, Dec, 23

The entire world economy has defied pessimists, and 2023 is turning out to be a much better year than expected. The good news will spill over into 2024. Hence, one can expect markets to rise across the world. Emerging markets will see a return from a lot of the hot money withdrawn earlier on fears of a global slowdown.

India’s stock market valuation reaches $4 trillion for the first time

05, Dec, 23

India Business News: India's stock market, the world's fifth largest, is on the verge of reaching a $4 trillion valuation for the first time. The market capitalization of

Sensex hits all-time high: What is powering the bulls?

21, Jun, 23

Indian markets have joined a global rally with most markets — in the United States, the Eurozone, Japan, South Korea, and Taiwan — hovering around their 52-week highs.