Wed Mar 05 04:10:00 UTC 2025: ## BSE Stock Plunges 9% After NSE Expiry Date Shift

**Mumbai, India** – The Bombay Stock Exchange (BSE) experienced a dramatic 9% intraday selloff today, following a National Stock Exchange (NSE) announcement altering the expiry schedule for Futures and Options (F&O) contracts. Starting April 4, 2025, all Nifty index weekly and monthly F&O contracts will expire on Mondays instead of Thursdays. This change impacts major indices including Nifty, Bank Nifty, and others.

The NSE’s March 4th circular detailing the shift caught the market off guard, triggering a sharp reaction in BSE shares. The timing is also notable, coming shortly after Tuhin Kanta Pandey assumed the chairmanship of the Securities and Exchange Board of India (SEBI).

Adding to the pressure on BSE shares is a recent Goldman Sachs report. The brokerage firm downgraded its target price for BSE to Rs 4,880 from Rs 5,650, citing concerns that industry-wide volume reductions could offset gains from BSE’s increasing market share in options trading. Goldman Sachs also lowered its earnings per share projections for the company.

BSE shares plummeted to an intraday low of Rs 4,035.10, reflecting a nearly 22% loss over the past five sessions and a 28% drop in the last month. Despite the recent downturn, the stock remains up 46% in six months and 85% over the past year.

Separately, Apple unveiled two new iPads: an entry-level model featuring the A16 chip and an iPad Air 7 with the M3 chip. Both boast 12MP cameras and Touch ID. Pre-orders begin immediately, with sales starting March 12th. The iPad Air 7 is priced at Rs 59,900, and the entry-level iPad at Rs 34,900.

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