BSE shares up nearly 30% in three sessions as buyer interest rises

BSE share price rises amid heavy volumes.

BSE share price advanced to fresh all-time high in Wednesday's trade to Rs 3,794 per share on the NSE, zooming 14.40 percent from its previous close amid rising buyer interest in the stock.

BSE stock has gained nearly 30 percent in three sessions. BSE was leading the pack as the top gainer in the NSE 200 index today. A total of 98.29 lakh shares changed hands today of BSE generating a total turnover of Rs 3,617.97 crore. The large cap company has a market cap of Rs 51,591.93 crore, as per NSE website.

The sharp rise was witnessed as NSE fixed the record date for the bonus issue of shares, which it had approved earlier this year.

In May this year, the board of NSE approved the issue of four bonus shares for every share held by shareholders as of the record date. NSE is currently not listed on the bourses.

National Stock Exchange (NSE) has officially sought approval for its initial public offering (IPO) by filing for a no-objection certificate (NOC) with the capital markets regulator, SEBI.

Previously, NSE had applied to SEBI for its IPO, but the approval was not granted due to various pending regulatory and legal matters, as well as ongoing investigations.

In December 2016, NSE had submitted draft papers to SEBI for its initial share sale. The IPO was expected to raise Rs 10,000 crore, with existing shareholders planning to offload 22% of shares to the public through the offer for sale (OFS) route.

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