Cash-market volumes hit record highs in April

Published On: Wednesday, May 6, 2020 | By: Team KnowMyStock

Cash-market volumes climbed to record levels in April amid a rebound in stocks from their multi-year lows. Derivatives turnover, on the other hand, witnessed a slight dip amid regulatory tightening. The average daily turnover value (ADTV) in the equity cash segment of NSE stood at Rs 50,300 crore, up nearly 50 percent year-on-year (YoY). The ADTV for NSE’s equity derivatives segment fell 3 percent YoY to Rs 11.4 trillion. The sharp jump in volumes is significant as India remained under lockdown, with many sectors of the economy reporting zero or negligible business activity. Experts said the buoyancy in the market — both in volumes and surge in stock prices — was positive from a tax collection point of view. In March, the benchmark indices had dropped a record 23 percent. However, they managed to snap back in April, gaining 14 percent — their biggest monthly advance in 11 years. Regulatory tightening and value-buying led to a spurt in cash-market volumes, experts opined.

Closing Bell: Sensex gains 85 points, Nifty at 18755.90

Closing Bell:Sensex gains 418 points, Nifty at 18716.15

MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

Closing Bell: Sensex down 223 points, Nifty at 18,563

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

Closing Bell: Sensex up 240 points, Nifty at 18593.85

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

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