Indian Exchanges - Derivatives Continue To Lead Growth In Sep; Commodities Remain Laggard: ICICI Securities
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
Exchange volumes in September 2021 improved sequentially in all segments.
Cash average daily turnover value for NSE / BSE Ltd. grew 9% / 18% month-on-month respectively.
NSE equity derivatives’ ADTV was up 20% month-on-month driven by both futures and options’ notional turnover while BSE ADTV halved in Sep-21.
Mutual fund transactions grew 7.6% / 6.8% month-on-month for BSE / NSE.
In currency derivatives, NSE / BSE reported growth of 32% / 6% month-on-month.
Multi Commodity Exchange of India Ltd.'s ADTV stood at Rs 256 billion in Sep-21 versus Rs 250 billion in August 2021.
National Commodity and Derivatives Exchange Ltd. reported ADTV of Rs 18 billion, down 25% month-on-month, in Sep-21.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.