Shares of BSE Ltd have been on a roll in recent days after surging over 19 percent in three straight sessions to hit a record high of Rs 5,409.65 on December 6. This comes after the scrip recorded a steep 14 percent jump in the previous session.
In today's session, the stock rose over 4 percent to its record high, but soon retreated from that mark. At 11.47 am, shares of BSE were trading at Rs 5,360.95 on the NSE, though firm in the green but still off its record high.
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The stellar upmove in the counter in recent sessions have been on the back of a surge in trading volumes. As much as 35 lakh shares of BSE have changed hands on the bourses so far, already exceeding the one-month daily traded average of 34 lakh shares.
A similar story panned out in the previous session as well, when trading volumes were far higher. Around one crore shares of BSE had changed hands in the last session, a near threefold jump from its one-month daily traded average.
The spike in trading volumes in BSE's counter can also be attributed to its entry into the Futures and Options segment, starting from the December series. Since the onset of the December F&O series, the stock has climbed over 18 percent. As for its year-to-date returns, shares of BSE are already up a whopping 141 percent.
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