Turnover dips for second straight month as cash market loses momentum; F&O activity also softens.
Cash market turnover slips 16 percent in July to Rs 1.02 lakh crore, steepest monthly fall since Oct 2023, show BSE-NSE data.
As of now, 98,915 taxpayers in Karnataka are registered under the composition scheme. The department has also warned traders against discontinuing digital payment modes like UPI in response to recent notices.
The combined average daily cash turnover of BSE and NSE in March so far stood at around Rs 1 lakh crore, reflecting only a modest 3% rise compared to the previous month. The cash market turnover is still down 40 percent from the June 2024 peak, even as markets attempt a rebound in March.
Data from BSE and NSE shows that the combined average daily turnover in the cash market fell below Rs 1 lakh crore in February for the first time since November 2023. This also marks the eighth consecutive month of declining turnover on a month-on-month basis.
The BSE and NSE combined ADTV for the F&O segment reached Rs 280 trillion in December, the lowest since June 2023, marking a 36.56 percent decrease from Rs 442 trillion in November.
The combined average daily turnover for BSE and NSE in the cash market has decreased to a 12-month low of Rs 1.06 lakh crore in November so far, marking a 7.3 percent decline compared to the previous month. Notably, this marks the fifth consecutive month of declining turnover.
The combined cash market turnover also saw only a modest rise, which was the lowest in five months
The Competition Commission of India has invited expert comments on the draft regulations till January 25, 2024. This is for the first time that the CCI has come up with regulations to determine the turnover of an enterprise to impose penalties for antitrust violations.
The combined average daily turnover for NSE and BSE reached an all-time high of Rs 1.17 lakh crore in December so far, up 48.06 percent from the previous month.
In 2012, a labour unrest broke out in the Yanam plant wherein workers set ablaze machinery, vehicles, raw material, finished goods and records of the company, causing Regency Ceramics to declare a lockout
The combined ADTV for NSE and BSE reached Rs 91,710 crore while the combined F&O turnover hit Rs 326 lakh crore during the month.
In April, May, and June nearly 7 million, 5.8 million and 5.63 million shares changed hands, respectively.
The combined average daily turnover in the equity cash segments of BSE and NSE stood at Rs 77,943.74 crore between July 1 and July 28, marking the fourth consecutive month of rise.
In terms of price, the highest recorded during the month was Rs 3,800, while the lowest was Rs 1,755. Brokers say that unusually low prices usually indicate the transactions may have been done with the intention of evading taxes.
However, at least one analyst suggested there could be a moderation in cash volumes in the future.
Options trading in India has seen an explosive growth over the last three years, with the annual turnover of options premia climbing from a little over Rs 10 trillion in FY19-20 to Rs 119 trillion in FY22-23.
Around 7.1 million shares of the unlisted National Stock Exchange (NSE) changed hands in March, the second highest volume in a single month since the bourse started publishing the share transfer data from January 2021.
The industry has completed investment of Rs 35,000 crore in the last three years in new capacity creation and debottlenecking.
"Patanjali Group's current turnover is around Rs 40,000 crore. The Group turnover is expected to reach Rs 1 lakh crore in 5-7 years," he told reporters here.
Wiring harness had almost come down to about 20-25 percent of our business. Interestingly, even the shareholders were very confused about what Motherson was doing.
Mother Dairy's turnover grew by 9 per cent in the last fiscal to about Rs 7,850 crore helped by better sales in value-added dairy products and edible oils businesses.
Digital mediums are likely tornsurpass traditional ones by 2021-22, when smart phone andrnbroadband penetration increases in the country, according tornEY India.
CK Birla group firm Orient Electric said it would cross Rs 2,000 crore turnover in next four years, mainly on account of new products additions in existing segment and increase in exports.