BSE (Bombay Stock Exchange)- Bet on Financialization?

To get a better perspective on Options Marketshare of BSE (other segments are kind of irrelevant due to their share being less than 10% vis a vis NSE, those are optionalities), I compiled the below data. Some observations:

  • NSE market shared has dipped from 91% to 79% in last 14 months, losing to BSE
  • NSE avg daily options premium turnover had dipped from 60K Cr odd to 47K Cr in Feb-25, now has recovered to 60K Cr odd levels.
  • NSE peak monthly options premium turnover was 15L-16L in Jun-Jul 24. It is now at 9L-11L range.
  • BSE avg daily options premium turnover has been trending upwards to 15-16K in Apr & May. May has data for only 10 trading days. Also note - Tariff war, Indo-Pak conflict had elevated VIX since Apr 1st week, so the turnover could be higher due to this factor.
  • BSE on track to do 300K Cr monthly options premium turnover, might cross 10L Cr for the quarter.



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