INVESTMENT PATTERNS SAW a behavioural change in the financial year gone by, with the volatility in the markets unnerving investors.
Cash turnover at National Stock Exchange (NSE), which dominates the segment, took a near-20% plunge in FY23 the sharpest drop in 11 years since a 21.4% slide in FY12. The cash turnover at Bombay Stock Exchange (BSE) slumped 23.1%, with the combined drop in the cash market being 19.9% for both exchanges.
The reason? More and more investors are gravitating towards options trading, a money-spinner for exchanges. NSE also happens to practically hold a monopoly in the equity F&O segment, according to data from the exchanges.
"The cash market is now being used as an investment mechanism rather than for trading, because people are now trading in options given the transaction costs are lower, and because of the limited margin requirements," said Chandan Taparia, head (technical & derivatives research) at Motilal Oswal.
هذه القصة مأخوذة من طبعة April 15, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة April 15, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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