Earnings from derivatives are not important at this juncture. BSE needs to hurt NSE first and takeaway market share for NSE to sit on the table and speak equality and hikes. Atleast, BSE won’t be burning money with LES like yesteryears.
NSE changing expiry is proof that BSE is doing something right. let’s hope the volumes are high enough by July 14th that the damage is irreversible.
Also, I would wish that BSE add more products on another expiry day where it hurts NSE the most. BSE should make the most of this momentum. But, I am happy with what the current management is doing.
Disc: invested. No recommendation. Personal opinion.
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