...
...
Next Story

BSE shares decline 18% today, see largest single-day drop on SEBI directions

SEBI asked the exchange to pay regulatory fee based on the notional value of its options contracts.

Published on: Apr 29, 2024, 10:12:43 IST
By HT News Desk
Prefer HTon Google
Advertisement

Shares of BSE fell as much as 18 per cent today (April 29). The massive plunge comes after the Securities and Exchanges Board of India (SEBI) asked the exchange to pay regulatory fee based on the notional value of its options contracts and not based on the value of the premium value.

Read more: 5 money changes in May 2024: Saving accounts, credit cards, FD deadlines

SEBI logo is seen outside the regulator's office. Shares of BSE were trading at ₹2,682.70 on the NSE this morning.
SEBI logo is seen outside the regulator's office. Shares of BSE were trading at ₹2,682.70 on the NSE this morning.

Shares of BSE were trading at ₹2,682.70 on the NSE this morning.

SEBI directed BSE to complete this within a month and this should also be done for the past periods with applicable interest of 15% per annum on the amount unpaid.

 
ABOUT THE AUTHOR
HT News Desk

Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.

Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
Home/Business/BSE shares decline 18% today, see largest single-day drop on SEBI directions
SHARE THIS ARTICLE ON
Notifications

Get breaking alerts directly from the newsroom

Notifications are on!You'll be notified when news breaks