BSE Shares Rise 2% After SEBI Approval To Launch Derivatives On Sensex Next 30 Index

Shares of BSE gained nearly 2% on March 5 after the exchange received approval from the Securities and Exchange Board of India (SEBI) to introduce derivative contracts on the BSE Sensex Next 30 index. The stock was trading at ₹2,674.5 apiece at 9:27 am, according to exchange data.

The approval allows BSE to launch cash-settled monthly futures and monthly options contracts based on the Sensex Next 30 index. The exchange said in a regulatory filing on March 4 that the expiry date for these contracts will be the last Thursday of the expiry month. However, the exchange has not yet announced the launch date for the futures and options (F&O) contracts linked to the index.

Index Tracks Emerging Large-Cap Companies

The BSE Sensex Next 30 index tracks the next largest and most liquid companies within the BSE 100 index that are part of the derivatives segment but are not constituents of the BSE Sensex 30 index.

The index is meant to show companies that have a market capitalisation and liquidity that are just below the benchmark Sensex. With the addition of derivatives to this index, traders will have more tools that are linked to companies that are not part of the main 30-stock benchmark.

There are now derivative contracts on several indices available through BSE, and that has resulted in BSE share price seeing some growth today. These include both weekly and monthly derivative contracts on the benchmark Sensex. The exchange also provides derivative contracts on Sensex 50 and BANKEX with monthly expiry cycles.

Derivatives Expiry Structure

In 2025, BSE shifted the expiry date for all its derivative contracts from Tuesday to Thursday. This change aligned the exchange’s derivatives expiry cycle after the National Stock Exchange (NSE) retained Tuesday as the expiry day for its derivative contracts.

The new derivatives based on the Sensex Next 30 index will also follow the Thursday expiry structure, as stated in the regulatory filing.

Capital Markets Index Moves Higher

Shares of other capital market-related companies also moved higher during the session. The Nifty Capital Markets index was trading about 1.5% higher on March 5, according to market data.

Within the index, Multi Commodity Exchange of India (MCX) rose about 2.5%, while KFin Technologies gained nearly 2.3%. The broader movement in capital market stocks coincided with positive sentiment after the regulatory approval for new derivatives products linked to the Sensex Next 30 index.