NSE announced no transaction charges for 6 months in F&O contracts of Nifty Next 50 index to boost participation. Sebi approved trading starting April 24, 2024.
The BSE stock is up 86 per cent in the last six months, led by market share gains, and it is currently trading at a PE of 38 times its FY25 and 30 times its FY26 earnings per share against a 5-year average 1 year forward PE of 21 times.
A demat account on an average now holds shares of only three companies when compared with 5.7 in March 2020. YES Securities said this suggests a significant number of new retail investors are engaged mainly in the derivatives segment.