New Delhi, Nov. 7 -- BSE share price jumped nearly 7% on Friday, after falling for two consecutive sessions, amid heavy buying volumes. BSE shares rallied as much as 6.9% to Rs.2,625.00 apiece on the National Stock Exchange (NSE).

The gains in BSE share price today comes despite a weak momentum in the broader Indian stock market. The benchmark indices, Sensex and Nifty 50, were trading lower, weighed down by weak global cues.

BSE share price gained after statements made by Finance Minister Nirmala Sitharaman and SEBI Chairman Tuhin Kanta Pandey on the Futures & Options (F&O) segment.

Speaking at CNBC-TV18 Global Leadership Summit on Friday, the Sebi Chairman reiterated that the weekly F&O expiry was still on and working.

"Our approach...