BSE Shares Jump 4% on May 19 after reports suggested the exchange could enter the benchmark Nifty 50 in the September 2026 reshuffle.
The rally extended BSE’s two-day gain to almost 8%, with investors also cheering the company’s strong March quarter earnings and record yearly profit.
At around 10:26 AM, the stock was trading 3.6% higher at Rs 4,268 apiece.
BSE Shares Jump Annual consolidated net profit trend (FY22 to FY26)
| Financial Year | Consolidated Net Profit | YoY Trend |
|---|---|---|
| FY22 | ₹245 crore | — |
| FY23 | ₹206 crore | Decline |
| FY24 | ₹347 crore | Jump |
| FY25 | ₹1,322 crore | Major jump |
| FY26 | ₹2,487 crore | Massive jump |
Based on annual consolidated profits, BSE reported a year-on-year rise in net profit in:
- FY24
- FY25
- FY26
So, from FY22 to May 2026, BSE reported a jump in annual consolidated net profit 3 times.
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Why profits surged sharply in FY25 and FY26
The earnings growth was mainly driven by:
- Strong growth in equity derivatives
- Higher retail participation
- Rising premium turnover in Sensex weekly options
- Increased transaction charges
- Higher market volumes across segments
BSE’s derivatives segment revenue more than doubled in FY26, while average daily premium turnover rose sharply year-on-year.
Quarterly trend was even stronger
Although annual profit jumps happened 3 times, BSE reported multiple consecutive quarterly profit surges during FY25 and FY26, including:
- Q4 FY25: profit jumped 362% YoY to ₹494 crore
- Q1 FY26: profit rose 103% YoY to ₹539 crore
- Q2 FY26: profit increased 61% YoY to ₹558 crore
- Q4 FY26: profit climbed 61% YoY to about ₹795-797 crore
Top 5 BSE Sensex Stocks — Price, LTP & Change %
| Company | LTP (Last Traded Price) | Change % |
|---|---|---|
| Reliance Industries | ₹1333.50 | -0.13% |
| HDFC Bank | ₹766.65 | -0.25% |
| Bharti Airtel | ₹1916.00 | -1.14% |
| ICICI Bank | ₹1245.90 | -0.40% |
| State Bank of India (SBI) | ₹948.00 | +0.85% |
Market highlights
- Bharti Airtel recently overtook HDFC Bank in market capitalisation rankings.
- IT stocks remained strong, with Infosys rising over 4% and TCS gaining more than 3%.
- The Sensex traded above the 75,000 level during the session.
Why BSE’s possible Nifty 50 entry is important
Market experts believe BSE now meets the eligibility criteria required for inclusion in the Nifty 50 index.
Analysts said BSE’s Average Float Market Capitalisation (AFMC) is currently more than 1.5 times that of Wipro, making Wipro the most likely stock to exit the benchmark.
If the reshuffle happens, passive inflows into BSE could reach nearly $639 million, while Wipro may see outflows of around $206 million.
That expectation triggered strong buying interest in BSE shares.
Why This Matters for Investors
BSE’s strong profit growth shows the exchange is benefiting from a massive rise in derivatives trading and retail participation in India’s stock market.
Its net profit jumped from ₹347 crore in FY24 to ₹1,322 crore in FY25 and further to ₹2,487 crore in FY26, driven mainly by explosive growth in Sensex options trading.
For investors, this matters because:
- Higher trading volumes are boosting BSE’s earnings rapidly
- The derivatives business is becoming a major revenue driver
- Operating margins are improving due to strong operating leverage
- Possible Nifty 50 inclusion could attract large passive inflows
However, investors should also watch risks like regulatory changes, volatility in trading activity, and competition from NSE.
Strong earnings added fuel to the rally
BSE also reported strong quarterly and yearly earnings, which further supported investor confidence.
The company posted a 61% jump in consolidated net profit for the March quarter at Rs 795.47 crore, compared to Rs 493.67 crore a year ago.
Quarterly revenue rose sharply to Rs 1,630 crore from Rs 926.38 crore in the same period last year.
For FY26, BSE’s net profit surged 88% to Rs 2,487 crore, while revenue climbed 59% to Rs 5,148 crore.
The company called FY26 its best-ever financial year in its 150-year history.
Derivatives business became the biggest growth driver
BSE’s derivatives segment continued to drive earnings growth during FY26.
Revenue from the segment more than doubled to Rs 3,134 crore as weekly Sensex options gained popularity among traders.
Average daily premium turnover also jumped to Rs 19,522 crore from Rs 8,977 crore in the previous financial year.
Analysts said rising retail participation in options trading has significantly boosted exchange revenues.
Wipro remains under pressure
While BSE rallied sharply, sentiment around Wipro remained weak.
The IT company has lost more than 25% over the past year due to weak demand trends and concerns around artificial intelligence disruption.
Its recent quarterly earnings also disappointed the Street, with revenue missing estimates and management guiding for muted growth ahead.
If Wipro exits the Nifty 50, analysts believe additional passive selling pressure could hit the stock.
What impacted the market today?
Today’s rally in BSE shares was mainly driven by:
- Possible Nifty 50 inclusion
- Strong FY26 earnings growth
- Higher derivatives trading volumes
- Rising retail participation
- Expectations of passive fund inflows
The broader market also remained focused on upcoming changes in the Nifty 100 index.
What impact could this have on investors?
For investors, inclusion in the Nifty 50 could improve BSE’s visibility, liquidity, and institutional ownership.
For traders, the stock has become a strong momentum play backed by both earnings growth and index reshuffling expectations.
However, analysts caution that volatility may remain high until the official index review announcement.
