Indian Exchanges Sees Strong Momentum In February Across Segments: ICICI Securities
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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.
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