Why is BSE share price trending?

In Short. BSE shares drop 19% after SEBI directive on option contracts fees. SEBI instructs BSE to pay fees based on 'notional value' of contracts. BSE stock falls to Rs 2,612.10 on NSE post announcement.

The post-earnings surge in key benchmark constituents like Axis Bank and Nestle India fuelled the gains, while Kotak Mahindra Bank plummeted following the central bank's ban on the private lender from digitally adding clients. The 30-share BSE benchmark Sensex surged 487 points or 0.66% to settle at 74,339.