Capital Market Tracker - Traction Continues In Cash ADTO, Additions In Demat Account In August: Motilal Oswal

Motilal Oswal Report

After the Nifty-50 hitting an all-time high in July 2023, capital market sentiment remained upbeat in August 2023 as well. Overall average daily turnover volume was flat month-on-month at Rs 307 trillion, with flat F&O ADTO and continued traction in cash ADTO.

Overall retail ADTO was flat month-on-month at Rs 108 trillion as retail F&O ADTO was flat month-on-month. However, retail cash ADTO grew 4% month-on-month to Rs 327 billion.

Demat account additions stood at 3.1 million (up ~4% month-on-month) in Aug-23 versus average 2.1 million monthly additions in FY23.

Further, the number of active users on NSE increased for the second consecutive month to 32.7 million in Aug-23 from 31.9 million in July-23.

Angel One Ltd., which relies heavily on income from the F&O segment, recorded steady daily orders.

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