With new coalition government and SEBI board level changes we can likely see the regulatory over action on derivatives market may reduce.
While there is excessive stock level derivatives contracts which exchanges so reduce it also provide more liquidity to overall futures and cash markets when there is more trading in the market which disperses risk and reward overall so it benefits when markets are volatile…tough inhertly increasing the volatility also
Quick snap shot of BSE’s performance during the quarter(Q1 2025):
Derivatives:
The derivatives volume in general has been showing growth month over month during the current quarter - average daily premium turnover has moved steadily to above 8000 Crore during the month of June. The growth in premium turn over coupled with significant increase in price will lead to an exponential growth in revenue from this segment during the quarter. I expect the revenue from this segment to be at least 50% higher as compared to March quarter - the profit from the segment would be a positive surprise when the results are declared.
Star Mutual Fund: Robustness in growth continues with the total number of subscription and redemption orders showing an uptick in excess of 25% and 40% respectively as compared to Q4 2024. Expect the segment revenue and profits to grow by at least 25% as compared to Q4 2024.
Cash Segment: The numbers seems to have slightly dipped as compared to Q4 2024. Expect the results to be slightly lower as compared to last quarter.
Currency and commodity markets are not showing any sign of improvement.
Overall, the results are expected to be blockbuster for Q1 2025. Looking forward to managements commentary on the new single stock futures product that is being introduced from July 1st.
AJ
Disclosure: Remain invested in BSE.
If this happens how much it can impact on the BSE business? Any views? If only 10% traders make profits it will discourage them also due to higher taxation. Can it affect the long term prospects of BSE.
Disc : Invested
Any one studied on what will be impact on BSE Ltd due to SEBI action on F&O and weekly expiry new rules (proposed)? Please share
Good read
