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This Article is From Mar 03, 2021

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

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

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)

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:

DISCLAIMER

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.

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