New Delhi, Sept. 1 -- Shares of BSE Ltd and Angel One have come under pressure following the comments of Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey on 21 August, suggesting further curbs on equity derivatives, specifically the weekly expiries on Nifty and Sensex. Both stocks are seen as capital market plays, with significant revenue exposure to options trading. BSE is the only listed equity exchange, and Angel One is a prominent listed discount broker; competitors Zerodha and Groww are still unlisted.

Over the past six trading sessions, BSE has lost 17% of its value, falling to Rs.2,096, while Angel One has declined 19% to Rs.2,210. However, treating both stocks equally may overlook key differences in their...