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532123 — BSEL Algo News Story

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India's BSE closes higher after report on launch of new monthly index option products

** Shares of stock exchange operator BSE BSEL.NS climbed 3.4% to close at 2,775.5 rupees, extending winning run to four sessions

** Indian business daily Economic Times reports BSEL plans to launch new monthly index option products in the lucrative derivatives segment

** BSEL did not immediately respond to Reuters' request for comment

** Equity derivatives segment formed 58% of BSEL's revenue in Q2

** Analysts tracking stock rate it "buy" on average - data compiled by LSEG

** Stock up 56% YTD, set for third consecutive year of gains

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

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