HomeNewsBusinessMarketsNSE creates world record, handles highest number of transactions in a single trading day today

NSE creates world record, handles highest number of transactions in a single trading day today

'NSE handled 1,971 crore orders, 28.55 crore trades on June 5,' says CEO Ashish Chauhan

June 05, 2024 / 16:53 IST
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NSE creates world record, handles highest number of transactions in a single trading day today
NSE creates world record, handles highest number of transactions in a single trading day today

NSE CEO Ashish Chauhan on June 5 said the stock exchanged created a world record in terms of number of transactions in a single day.

"@nseindia handled the highest ever - world record - number of transactions in a single day today on June 5,2024 in a 6 hours and 15 minutes (915 am to 330 pm) single trading day- 1971 crore (19.71 billion) orders per day. 28.55 crore (280.55 million) trades per day," said Chauhan on X platform (formerly Twitter). Indian shares jumped over 3% on Wednesday, marking their best one-day gain in over three years after key allies pledged their support to form a new government following a narrow win for Prime Minister Narendra Modi-led National Democratic Alliance (NDA).

The NSE Nifty 50 index ended 3.4 percent higher at 22,620.35 points.

The Nifty saw its best percentage gain since Feb 1, 2021, when union budget-related announcements drove the market up nearly 5%.

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PM Modi is expected to be sworn-in for a rare third term on June 8, after the Telugu Desam Party and Janata Dal (United) pledged their continued support a day after a humbling election verdict saw BJP lose its majority in parliament.