New Delhi, November 8 : Despite a sluggish session in the broader market on Friday, BSE Limited emerged as a standout performer with its stock price surging nearly 11% intraday on the National Stock Exchange (NSE). The rally came on the back of positive comments from Finance Minister Nirmala Sitharaman and SEBI Chairman Tuhin Kanta Pandey regarding the Futures and Options (F&O) segment.
According to a report by CNBC-TV18, SEBI Chairman Pandey said that the regulator is taking a balanced approach toward F&O and will seek public consultation before introducing any new policy measures. The Finance Minister also reassured that the government has no plans to restrict or ban F&O trading, which lifted investor sentiment and triggered fresh buying in exchange-related stocks.
Strong Intraday Surge
On Friday, BSE Limited’s stock opened at ₹2,450 on NSE and climbed sharply to an intraday high of ₹2,718.70, marking an 11% surge. It later closed at ₹2,669.90, up 8.61% for the day. The strong rally reflected renewed investor confidence in India’s capital market outlook.
Expert View and Target Price
According to Anshul Jain, Head of Research at Lakshmishree Investment, BSE stock currently holds a support level around ₹2,385. Jain suggests a short-term target price of ₹2,378, but cautioned investors to track trading volume trends before making any decisions. He added that the recent spike is driven largely by market sentiment rather than fundamental shifts.
Multibagger Returns Over Five Years
BSE Limited has delivered remarkable long-term returns, rising 4562% over the past five years. The stock has also gained 44% so far in 2025 and around 16% in the last one month alone, establishing itself as one of the top-performing multibagger stocks on Dalal Street.
However, analysts continue to advise caution amid volatility, emphasizing that stock market investments carry inherent risks and investors should seek expert guidance before making fresh entries.
Disclaimer: This article is for informational purposes only and should not be treated as investment advice. Stock markets are subject to risks; investors are advised to conduct due diligence before making any investment decisions.