New Delhi, March 28 -- Shares of Bombay Stock Exchange (BSE) rallied 10 percent on Friday, March 28, ahead of its board meeting scheduled for March 30 to consider the issuance of bonus shares. This surge follows a 5 percent gain in the previous session, reflecting heightened investor optimism.

The potential bonus issue, aimed at boosting liquidity and making shares more affordable, has fueled buying interest in BSE stock. Meanwhile, the Securities and Exchange Board of India (SEBI) released a consultation paper proposing uniform equity derivatives expiry days, which is expected to be favorable for BSE.

BSE's board will convene on March 30 to evaluate the issuance of bonus shares, which are additional fully paid-up shares granted to exis...