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BSE witnessed two-fold jump to Rs. 14.40 lakh crore in July

India’s leading Bombay Stock Exchange (BSE), witnessed an over two-fold jump to Rs. 14.40 lakh crore in July.
Indian market regulator Securities and Exchange Board of India (Sebi) said in its monthly report that the monthly turnover in equity derivative segment of BSE increased by 113.8 per cent from Rs. 6,73,225 crore in June 2013 to Rs. 14,39,535 crore in July 2013.

 
The volumes of equity derivative contracts traded on BSE’s platform more than doubled to 4.82 crore in July from 2.31 crore in the preceding month.

In comparison, the equity derivative turnover on NSE decreased marginally to Rs. 31.80 lakh crore in July from Rs. 31.90 lakh crore in June.

The derivative turnover on the NSE stood at Rs. 35 lakh crore in May, before plunging 9 per cent in June. The volumes of contracts traded on the exchange declined 2.3 per cent to 10.8 crore, in July.

“During July 2013, equity derivatives turnover at BSE constituted 30.9 per cent of total equity derivatives turnover in India, MCX-SX constituted 0.7 per cent whereas that of NSE represented 68.4 per cent,” the capital market regulator said.

On the BSE, the turnover of index futures increased by 54 per cent while stock futures rose by 80.2 per cent in July.

Besides, put options on index increased by substantially from Rs. 1.89 lakh crore in June to Rs. 6.16 lakh crore in the month.

Source – PTI

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He loves writing. Its his source of pleasure. He did his graduation in Bachelor of Mass Media. Worked as a sub editor with Inquilab, a flagship publication of Mid-Day, which is a well read tabloid of Mumbai. He has recently started writing for websites and news blogs.


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