Note on NSE by Planify Capital

13 May 2024

In this detailed note on National Stock Exchange by Planify Capital in context of BSE's increase in transaction charges on BSE Sensex Options & BSE Bankex Options which got effective today i.e. 13th May 2024. In the previous development on May 15 2023, BSE relaunched Sensex and Bankex derivative contracts with reduced lot size allowing retail investors to participate in the derivative markets. The lot size of F&O has been reduced to 10 from 15 for Sensex and 15 from 20 in case of Bankex. Then on 23rd of October 2023, BSE increased its transaction charges on BSE Sensex Options which became effective from 01st November 2023 and company got benefitted from the same as its revenues got significant growth in its revenues. Recently, on 30th of April BSE again increased its transaction charges on S&P BSE Sensex Options S&P BSE BANKEX which are getting effective from today i.e. 13th of May 2024.

In April 2024, NSE too has reduced the lot sizes of F&O for Nifty from 50 to 25, FINNifty from 40 to 25 and MIDCAPNIFTY from 75 to 50. The impact of the same will be interesting to see going ahead. Also, recently NSE had reduced 1% transaction charges on cash equity and derivatives. In this detailed note you will get to know how NSE is expected to regain the lost market share in index options from BSE and is expected to clock good numbers in the next two quarters going ahead