Indian Exchanges - Equity Segment Maintains Growth Momentum, Commodities Remain Muted: ICICI Securities

Indian Exchanges - Equity Segment Maintains Growth Momentum, Commodities Remain Muted: ICICI Securities

Stock market data is reflected on the glasses of a trader at securities brokerage. Photographer Dimas ArdianBloomberg

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

April 2021 witnessed strong all-round performance across trading segments on Indian exchange platforms.

National Stock Exchange / Bombay Stock Exchange cash average daily turnover grew 5% / (down)13% month-on-month respectively.

NSE / BSE equity derivatives grew 5% / 7% month-on-month driven by growth in option volumes.

Mutual fund transactions too grew by a strong 75% YoY for BSE and 64% for NSE, while on month-on-month basis BSE witnessed marginal growth of 0.9% and NSE a decline of 10% (historically, orders processed on mutual fund platforms have seen a dip in April over March).

Multi Commodity Exchange of India Ltd. ADTV was flat month-on-month at Rs 266 billion as higher commodity prices got offset by drop in traded quantities.

Click on the attachment to read the full report:

ICICI Securities Exchanges Tracker April.pdf
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