Indian Exchanges Sees Strong Momentum In February Across Segments: ICICI Securities
Employees work at computers at a brokerage firm in Mumbai, India. (Photographer Dhiraj Singh/Bloomberg)

Indian Exchanges Sees Strong Momentum In February Across Segments: 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

February 2021 witnessed strong all-round performance across trading segments.

National Stock Exchange / Bombay Stock Exchange cash ADTV (average daily turnover value) grew 12% / 39% month-on-month respectively with BSE’s market share improving to 8.2% versus 5% in November 2020.

NSE / BSE equity derivatives grew 18% / 20% month-on-month driven by strong growth in option volumes.

Mutual fund transactions too grew by a strong 60% YoY for BSE and 45% for NSE.

In currency derivatives, NSE / BSE reported 14% / 7% month-on-month growth.

Multi Commodity Exchange of India Ltd.’s ADTV was up 16% month-on-month to Rs 368 billion, led by strong volume recovery in crude segment as it lowered the margin requirements with effect from January 27, 2021.

Click on the attachment to read the full report:

ICICI Securities Exchanges Tracker Mar21.pdf

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