BSE shares jump 3% after SEBI approves launch of F&O contracts for BSE Sensex Next 30 index

Bombay Stock Exchange shares saw a rise on Thursday. This followed market regulator SEBI's approval for BSE to introduce derivative contracts. These contracts will be for the BSE Sensex Next 30 index. The index tracks the next largest and most liquid companies in BSE 100. BSE will offer cash-settled monthly index futures and options.