BSE’s Managing Director and CEO Sundararaman Ramamurthy states the exchange prioritizes long-term market growth over derivatives market share. Recent tax changes may encourage longer-term equity investments. Ramamurthy believes the exchange is still in its early growth phase, with significant potential for foreign investor participation. He anticipates market microstructure adjustments due to these developments.
Sensex ends 208 pts, Nifty reclaims 25,900; auto, metal stocks shine
Benchmark indices Nifty and Sensex extended their gains for a second straight session on Tuesday, supported by a sharp rally in auto and metal stocks