BUSINESS

Cash market turnover hits Rs. 1L crore

By Rishabh Raj

1

Historic milestone

India's cash market segment for equities reached a historic average daily turnover (ADTV) of over Rs. 1 lakh crore in December. 

2

Record combined turnover

The combined ADTV for NSE and BSE hit a record high of Rs. 1.15 lakh crore, a 45.85% increase from the previous month. 

3

Factors behind surge

Factors contributing to the surge included IPO listings, block deals, cooling inflation, and expectations of US Fed officials cutting interest rates. 

4

New F&O highs

The combined future and option average daily turnover for both exchanges also reached a new all-time high of Rs. 448.94 lakh crore in December. 

5

Bullish 2024 predictions

As we enter 2024, analysts predict an increase in bullish momentum in global markets, with India seeing record domestic SIPs and declining bond yields attracting significant FII flows. 

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